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According to the Korea Appraisal Board’s weekly apartment trend on the 5th, the price of apartments across the country rose 0.17% from the 2nd, which was higher than last week (0.13% ). This is the highest figure in four months after the fourth week of June (0.22%), just after the announcement of the real estate measures on June 17.
An official with the Korea Appraisal Board said: “Demand for jeonse that could not be obtained due to unstable supply and demand for jeonse appears to be a driving force to raise house prices across the country as It becomes the purchase of low to mid-priced homes. It doesn’t seem like the atmosphere. “
Apartment prices in Seoul rose 0.02% this week, ending the boring sideways trend that had risen 0.01% in the last 10 consecutive weeks, and the pace of the increase increased.
The uptrend was noticeable, mainly in the suburbs with many mid to low priced apartments. Jungnang-gu was up 0.08% this week, the biggest increase in two years and a month after the first week of October 2018 (0.10%). Nowon-gu and Gangbuk-gu increased the rate of increase from 0.02% last week to 0.03% this week, and Gwanak-gu increased 0.03% like last week, ranking in the top four districts.
In the Gangnam 3 districts, both buying and selling showed a spectral tax, and Gangnam (-0.01%), Seocho (0.00%) and Songpa-gu (0.01%) showed the same rate of change than last week.
Prices of apartments in the metropolitan area rose 0.15%, compared to last week (0.11%). This is the highest level in four months after the second week of July (0.16%), just before the countermeasure on July 13. Gyeonggi province also rose 0.23%, the biggest increase in four months.
In Gyeonggi-do, prices for apartments in Gimpo, which is still an unregulated area, rose 1.94% and the market overheating signal was lit. Paju-si (0.37%), Deogyang-gu, Goyang (0.37%) and Giheung-gu, Yongin (0.28%), which are also unregulated areas, also experienced a relatively high increase in prices. of the apartments.
Incheon was also up 0.15% this week, up from last week (0.12%). Yeonsu-gu (0.15% → 0.21%) and Michuhol-gu (0.09% → 0.19%) led the uptrend.
Local house prices were also upbeat. Local apartment prices rose 0.23% this week, the highest in eight years and four months since June 2012, when the Korea Appraisal Board began releasing these statistics. Region refers to areas other than the metropolitan area, such as Seoul, Gyeonggi, and Incheon.
Busan rose from 0.30% last week to 0.37% this week, Daegu from 0.26% to 0.30%, Daejeon from 0.24% to 0.41% and Ulsan from 0.27%, recording the same rate as last week. Sejong rose from 0.24% to 0.25%, Chungnam from 0.17% to 0.23% and Jeonbuk from 0.09% to 0.15%, respectively, increasing the increase from the previous week.
