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House Price Trend in September from the Korea Appraisal Board
Seoul trading price increase rate of 0.27%
2 consecutive months of decline
The preset value kept increasing to 0.41%
Yunhap news
Last month, it was found that the increase in the price of housing (apartment, individual, alliance) in Seoul decreased significantly from August. The price of the complete set decreased slightly from the previous year, but remained strong. Looking at the ‘Nationwide House Price Trends for September’ released by the Korea Appraisal Board on the 5th, last month’s house price in Seoul increased by 0.27%, below of the previous month (0.42%). After the 0.71% increase, the highest this year in July, the increase has decreased for two consecutive months. Looking at the change in house prices in Seoul last month as a distinction, it rose a lot on the outskirts of Dongdaemun-gu (0.42%), Jungnang-gu (0.38%), Seongbuk-gu (0 , 36%), Gangbuk-Gwangjin-gu (0.35%) and Gwanak-gu (0.34%) (but Songpa-gu) 0.11%), Seocho-gu (0.13%), Gangnam- gu (0.16%) and Gangdong-gu (0.19%), etc., increased relatively little. In the metropolitan area, the rise from 0.52% to 0.43% decreased compared to the previous year. The house price increase rate in Sejong City fell to 3.83%, up to the middle of the previous year (7.69%), but still registered the highest rate of increase in the country. In the case of the metropolitan area, “in the case of the metropolitan area, due to the 7 · 10 measures that strengthened the real estate tax system, the 8 · 4 supply measures and the reproliferation of Corona 19, the waiting tax continues in the housing market. Most jeonse prices have increased regardless of the metropolitan area, the five metropolitan cities and the regions. Seoul’s gain last month was 0.41%, a slight decline compared to the previous month (0.43%), but still high. Seocho-gu (0.63%), Songpa-gu (0.59%), Gangnam-gu (0.56%) and Gangdong-gu (0.54%) showed notable increases. Gyeonggi-do rose 0.85% to a greater extent than the previous year (0.71%), and Incheon also recorded 0.52%, and the ascent width increased from the previous year (0.17%) . The price of jeonse from Sejong City rose 5.69% last month, a slight decrease from the previous month (5.78%), but the rate of increase remained the highest in the country. By Choi Jong-hoon, Staff Reporter [email protected]
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