This year’s house price rises the most in 14 years… Gangbuk is higher than Gangnam

■ KB housing market trend

8.35% nationwide and 10.7% in Seoul

Sejong city apartments jumped 44.9%

The total set value is also 6.54%, the highest in 9 years.

A view of the apartment in Seocho-gu, Seoul.

This year, the national house price rose 8.35%, the highest in 14 years, according to a survey by KB Kookmin Bank, a private institution. The jeonse price rose 6.54%, the largest increase in nine years.

According to the monthly KB housing market trend released by KB Real Estate on the 27th, the nationwide housing sale price in December rose 1.36% compared to last month. Compared to the end of last year, it was an increase of 8.35%. This is the highest increase rate in 14 years after the 11.60% increase in 2006 during the Roh Moo-hyun administration.

By housing type, apartment prices rose 9.65% compared to the end of last year, singles rose 3.87%, and coalitions rose 6.47%. Apartments and singles rose the highest in 14 years, and alliances in 12 years.

By region, the house price in Seoul rose 10.70% this year. The rate of increase in house prices in the Gangbuk region (14 districts) was 11.13%, higher than that of the Gangnam region (11 districts, 10.28%).

Apartment prices in Seoul rose 13.06%, the highest in two years since 2018 (13.56%). The single and alliances rose by 6.81% and 8.18%, respectively, the most since 2007 (7.08%·8.87%). Sejong City, where the capital was relocated, was the largest region in the country this year, and the rate of increase in apartment prices reached a whopping 44.97%, and the rate of increase in rental prices recorded 27.61%./ Reporter Yang Ji-yoon

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