The increase in apartment prices nationwide has decreased… 2.4 Focus on the impact of measures

▲ ⓒ Korea Real Estate Agency

It was found that the rise of apartment prices and rental prices across the country slowed due to the government’s announcement of large-scale housing supply measures and the off-season during the Lunar New Year holidays.

According to the results of a weekly apartment price trend survey conducted by the Korea Real Estate Agency on the 18th, as of the 15th, the national apartment price rose 0.25%. Compared to the previous week (0.27%), the increase has decreased.

Specifically, Seoul rose by 0.08%, narrowing the increase from the previous week (0.09%). In Seoul, Mapo-gu (0.11%) showed the highest increase rate, followed by Songpa, Dobong-gu (0.10%), and Gangnam, Yangcheon, Nowon-gu (0.09%).

In Mapo-gu, Sangam-dong, where there is a good shopping mall complex, in Dobong-gu, apartments built in Ssangmun-dong and complexes near Changdong Station, and Wolgye-dong reconstruction complexes in Nowon-gu.

In Gangnam-gu, the recent Apgujeong-dong redevelopment complex, which speeds up the establishment of the union, has driven the price increase. In Yangcheon-gu, the issue of passing the safety diagnosis for Mok-dong reconstruction was intertwined, and apartment prices were relatively strong.

The Korea Real Estate Agency analyzed, “In Seoul, since the announcement of the supply plan for the 2nd and 4th, while inquiries on purchases declined, the sales trend declined due to the influence of the Lunar New Year holidays.”

The metropolitan area continued its highest rate of increase (0.33%) for three weeks in a row since the statistics were written, and then declined to 0.30% last week. In Gyeonggi-do, the increase decreased from 0.46% to 0.42%, and in Incheon from 0.37% to 0.34%, respectively. In Gyeonggi-do, Uiwang-si (1.05%) showed the greatest increase, followed by Ansan-si (0.83%), Yangju, Namyangju, Dongducheon (0.82%), and Uijeongbu-si (0.81%). In Incheon, Yeonsu-gu (0.66%), which has high expectations for maintenance projects, rose a lot.

The province also recorded 0.20%, down from the previous week (0.22%). The five major metropolitan cities (Daejeon, Daegu, Gwangju, Busan, and Ulsan) showed a decline from 0.29% to 0.27%, and Sejong from 0.17% to 0.16%.

The overall increase in the total set value also slowed. As of the 15th, the nationwide jeonse price rose 0.19%, a decrease from the previous week (0.22%).

Seoul (0.10→0.08%) continued to rise mainly in areas with demand for reconstruction and redevelopment migration, but the rise decreased as fatigue from the surge in jeonse prices accumulated along with the off-season. Seongbuk-gu (0.14%) rose the most, with Seongdong and Jungnang-gu (0.13%), Nowon-Eunpyeong-gu (0.12%), and Gwanak-gu (0.10%).

During the same period, the capital area (0.22% → 0.18%) and provinces (0.21% → 0.20%) also saw a decrease in the increase in jeonse.