![A woman passes by a real estate agency situated in downtown Seoul on Wednesday. [YONHAP]](https://image.koreajoongangdaily.com/10509345.webp?imageId=10509345&width=960&height=466&format=jpg)
A woman passes by a real estate agency situated in downtown Seoul on Wednesday.
Housing prices in the capital have been surging for over a year. The average jeonse (large lump-sum rent deposit) price rose to exceed 24 million won ($17,446) per 3.3 square meters (35.5 square feet), according to data from KB Land, a private real estate statistics provider.
