Korea Real Estate Agency Weekly Apartment Price Trend
Gangnam 3 districts such as Songpa (0.10%) led the rise
The price of apartments in Seoul rose the most in five months. It is analyzed that as most regions of the country are bound by regulations, demand is coming back to Seoul and prices have risen. In particular, as the buying trend was rushing back to the Gangnam area of Seoul, which had been showing signs of calm for a while, reported transactions continued.
According to the Korea Real Estate Agency on the 25th, the price of apartments in Seoul in the third week of December (as of the 21st) rose by 0.05%, a larger increase than last week (0.04%). It is the largest increase since the third week of July (0.06%), just after the July 10 measures. It was revealed on the 24th that it has increased its width.
The rate of increase by city and province was Ulsan (0.62%), Busan (0.61%), Daegu (0.43%), Chungnam (0.42%), Gyeongnam (0.37%), Daejeon (0.36%), Gyeonggi (0.31%), and Gyeongbuk (0.31%). ), Gwangju (0.29%), Sejong (0.26%), Incheon (0.22%), and Gangwon (0.19%).
The rise in apartment prices in Seoul was driven by Gangnam District 3. Songpa-gu rose 0.10%, and Seocho-gu (0.06%→0.09%) and Gangnam-gu (0.05%→0.08%) also rose relatively sharply. Songpa-gu showed strong strength in areas with anticipation of reconstruction projects such as Garak, Jamsil, and Bangi-dong, and Wirye new towns, while Seocho-gu centered on middle-low-priced complexes such as Bangbae and Seocho-dong, and Gangnam-gu centered on areas with anticipation of progress in maintenance projects such as Apgujeong-dong.
Also, Mapo-gu (0.05%→0.08%) and Gwangjin-gu (0.06%→0.07%), Nowon-gu (0.04%→0.05%), Yangcheon-gu (0.02%→0.04%), Dongjak-gu (0.03%→0.04%), etc. also increased from last week. The width has increased.
The Korea Real Estate Agency analyzed that “the low interest rate has increased liquidity and the effect of the decrease in the number of occupants continues, and the price of apartments in the Gangnam area has risen mainly as the purchase trend has increased, mainly in the maintenance project promotion complexes and mid-low-priced complexes.”
Apartment rental prices rose by 0.30%, similar to last week, for 68 consecutive weeks. Seoul rose 0.14% for three consecutive weeks, and continued its upward trend for 78 consecutive weeks. In the Gangbuk region, the price of leased property continued to rise, mainly in low- and mid-priced areas and complexes with good transportation and residential environments. The rise of high-priced jeonse in the Gangnam area decreased as sales accumulated in general.
Copyright © Straight News Unauthorized reproduction and redistribution prohibited