Weekly apartment prices in Seoul fell for the first time in 20 months.
This is due to the increase in the benchmark interest rate and the regulation of lending.
The downward trend is likely to continue right after the new government takes office.
Reporter Cho Tae-hyun reports.
It is an apartment complex in Gangdong-gu, Seoul.
Apartment prices in Gangdong-gu have risen more than 6% in the past year alone, but the mood has changed significantly recently.
It turned flat this year and fell this week, the first time in a year and seven months.
The situation is similar in Seoul as a whole.
Apartment prices in Seoul this week are down 0.01% from a week ago.
This is the first decline in 20 months.
The metropolitan area also returned to a flat trend.
It is the first time since the third week of August 2019 that apartment prices in the metropolitan area have not risen.
This is attributed to the weakening of buying sentiment due to successive base rate hikes and strong lending regulations.
However, as the supply shortage problem, which was pointed out as one of the causes of the surge in house prices, remains, it is evaluated that it is too early to judge whether it has entered a full-fledged downtrend.
[박원갑 / KB국민은행 부동산 수석전문위원 : 올해 들어 대출 규제가 심해지고 금리까지 오르는 데다 대선에 따른 정책 불확실성까지 겹쳐 있는데요, 수요자들이 계속 관망세를 보일 수밖에 없어서 조정 양상은 조금 더 이어질 것으로 예상합니다.]
In particular, in the second half of the year, there is a possibility that the housing market will be shaken up again as the jeonse market becomes unstable due to the expiration of the right to apply for contract renewal.
This is YTN Jo Tae-hyun.
YTN Cho Tae-hyun ([email protected])
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