The rate of change in the apartment sales price index by province. Provided by the Korea Real Estate Agency.
Even with the appointment of the Minister of Land, Infrastructure and Transport Byeon Chang-heum, the real estate market remains hot. Suseong-gu, Daegu, rose 0.71% from the previous week, showing the highest rate in the country.
On the 31st, the Korea Real Estate Agency (Director Hak-Gyu Kim) surveyed the nationwide weekly apartment price trend for the 4th week of December (as of December 28). As a result, the sale price rose 0.28% and the jeonse rose 0.29%. In particular, Suseong-gu, Daegu, recorded an increase rate of 0.71% following Jeonju (0.70%), showing the highest increase rate by distinction.
The rise in the metropolitan area (0.22%→0.23%) and Seoul (0.05%→0.06%) increased, while the increase in rural areas (0.37%→0.33%) decreased.
By city and province, Ulsan (0.60%), Busan (0.58%), Daegu (0.40%), Daejeon (0.39%), Gyeongnam (0.37%), Gyeonggi (0.32%), Gyeongbuk (0.32%), Sejong (0.27%), Chungnam (0.27%), Incheon (0.26%), Gwangju (0.18%), and Gangwon (0.18%) rose.
Seoul, which has increased from 0.05% to 0.06%, has implemented credit loan management measures and is concerned about an economic downturn due to the spread of Corona 19, while the Gangnam area is mainly in areas with anticipation for maintenance projects, and the Gangbuk area has risen mainly due to favorable traffic conditions or mid-low prices. Gangnam 4 district was still hot.
Songpa-gu (0.11%) is mainly in Sincheon and Munjeong-dong, near the land transaction permission zone, Seocho-gu (0.10%) is mainly on Banpo-dong and Bangbae-dong reconstruction, Gangnam-gu (0.09%) is mainly Apgujeong and Gaepo-dong, and Gangdong-gu (0.10%) Rose mainly in Godeok, Dunchon, and Myeongil-dong.
Daegu Suseong-gu is on the rise due to the ballooning effect of the selection of regulated areas. Following a 0.7% increase in the previous week, it rose 0.71%, showing the highest rate of increase in the country along with Busan Gijang (1.12%) and Ulsan Dong-gu (0.84%).
Song Won-bae, director of the Daegu Gyeongbuk Real Estate Analysis Association, said, “The real estate market is still on the rise due to increased liquidity and low interest rates. This trend is expected to continue in the new year. In particular, the passing of the EXCO line in Daegu will serve as a great boon for the real estate market in Daegu. It seems that despite the selection of the coordination area, it is expected to have a positive impact on the eastern and northern regions.”