2.4.5. Republic of Korea Real Estate Statistics System (R-ONE)

As a Republic of Korea Appraisal Board-based system that provides real estate statistics information to policymakers as well as the general public, this surveys the national land price fluctuation rate, national housing price trend survey, monthly rent price trend survey, apartment housing transaction price index, and commercial rental trends in the investigation of official price trends, etc. Most of the methods used for the sampling involve stratified extraction. In addition, one can check the real estate transaction status and economic and financial statistics, remove errors and outliers from the real transaction data database, create a valid database by creating valid DB (Data Base) and basic statistics, and calculate and verify the actual transaction price index for the disclosure of information [17].
