Analysis of data submitted to Rep. Kim Jong-yang by Ministry of Land, Infrastructure and Transport
Stock, bond proceeds of 8.03 trillion won used for home purchases in January–July
Seoul and Gyeonggi Province account for 91.9% of total
'Money from the stock market is flowing into Gangnam apartments'
The amount of money raised through stock and bond sales and channeled into home purchases has risen sharply this year, new data shows.
According to home purchase financing disclosure data submitted to People Power Party lawmaker Kim Jong-yang by the Ministry of Land, Infrastructure and Transport on Tuesday, proceeds from stock and bond sales used to buy homes reached 8.03 trillion won ($5.84 billion) in the first seven months of this year. Such proceeds have climbed steeply over the past four years — from 1.12 trillion won in 2022 to 1.68 trillion won in 2023, 3.18 trillion won in 2024, and 5.82 trillion won in 2025. With 8.03 trillion won already recorded through July alone, the full-year figure is expected to be even larger.
Regionally, the funds were heavily concentrated in Seoul and Gyeonggi Province. Seoul home purchases accounted for 5.17 trillion won and Gyeonggi Province for 2.21 trillion won, together making up 91.9 percent of the total proceeds deployed.
Within Seoul, Gangnam-gu led with 834.3 billion won, followed by Songpa-gu at 715.3 billion won and Seocho-gu at 701.6 billion won — with the three Gangnam-area districts together absorbing 2.25 trillion won.
By age group, buyers in their 30s and 40s were the heaviest users of stock and bond proceeds for home purchases. Those in their 30s deployed 2.67 trillion won, followed by those in their 40s at 2.4 trillion won, those in their 50s at 1.73 trillion won, and those aged 60 and older at 1.09 trillion won. Buyers in their 20s recorded the smallest amount at 145.6 billion won.
By property type, apartments dominated overwhelmingly. Some 7.16 trillion won — 89.1 percent of the total stock and bond proceeds — went toward apartment purchases.
The share of stock and bond proceeds in total home purchase amounts more than quadrupled, rising from 1.4 percent in 2022 to 6.2 percent in the January–July period this year. The trend was especially pronounced for high-priced properties: the share of stock and bond proceeds in purchases of homes valued at 1.5 billion won or more held at 4 to 5 percent from 2021 through 2025 but surged to 12.2 percent this year.
Kim criticized the government's record, saying, "The Lee Jae Myung administration has pledged to redirect money locked in real estate toward capital markets, but what the statistics confirm is that money grown in the stock market has flowed back into real estate — into high-priced apartments in Gangnam."
He added, "All the government has put on the table is regulation, while pushing the 'MoneyMove' slogan — so money ultimately flows back to the assets people trust most."
raining@heraldcorp.com
