I got off New York and London and Paris… Seoul’s high-priced housing growth rate is the world’s top 3

Last year, Seoul’s high-priced housing prices rose the third highest among major cities in the world. In order to prevent the rise in the price of high-priced homes, the government did not accept bank loans at all for homes exceeding 1.5 billion won (December 16, 2019 real estate countermeasures), but Seoul high-priced homes have risen significantly among the world’s major cities. Unlike Seoul, high-priced housing prices have fallen in large cities such as Hong Kong, New York, London, and Paris.

According to the Prime Global Cities Index of British real estate information company Night Frank on the 7th, the price of high-priced homes in Seoul in the fourth quarter of last year rose 11.7% from a year ago, making it the third highest rate among 45 major cities. Recorded. Based on the price change in the last three months, Seoul has risen 9%, the second highest rate after Russia’s St. Petersburg (9.4%).

This index surveys the prices of expensive homes, the top 5% of prices by major cities. The 45 cities surveyed had an average price increase of 1.9% in the fourth quarter of last year. Compared to the same period of the previous year, the rate of increase was higher than in the third quarter (1.6%).

Looking at the changes in the prices of expensive houses in major cities over the past year, the rate of increase in cities that responded well to Corona 19 was high. Auckland, New Zealand’s old capital, had the highest rate of increase at 18%. New Zealand has been at No. 1 in Bloomberg’s’Corona 19 Resilience Ranking’ for three months. China’s Shenzhen (13.3%) was second, followed by Seoul and the Philippines’ Manila (10.2%, 4th). Among the North American cities, Vancouver, Canada (8.1%), ranked eighth, ranking the highest. On the other hand, prices in Hong Kong (-6.9%), New York (-5.1%), London (-4.3%), and Paris (-2.3%) were found to have rather declined.

Reporter Kim Won [email protected]