Newsletter

Apartment Prices in Seoul Fall for Seventh Consecutive Week

[비즈니스포스트] Apartment prices in Seoul have fallen for seven consecutive weeks.

According to data from the Korea Real Estate Board on the 25th, the sale price of apartments in Seoul in the fourth week of January on the 22nd decreased by 0.03% from the previous week.

▲ Apartment prices in Seoul have fallen for 7 weeks in a row. The photo shows an apartment in Seoul. <연합뉴스>

The Real Estate Institute explained, “Due to uncertainty in the real estate market, buyers are taking a wait-and-see approach and purchase inquiries are muted,” adding, “The downward trend continues as property prices be adjusted and intermittent transactions only. focus on urgent sales happening.”

Dividing Seoul by district, apartment prices in 14 districts in Gangbuk fell by 0.04% compared to last week.

In Seongbuk-gu (-0.07%), prices fell mainly in apartment complexes in Jeongneung and Jongam-dong, and in Gangbuk-gu (-0.06%), prices fell mainly in large complexes in Mia and Beon-dong.

In Dobong-gu (-0.05%), prices fell mainly in apartment complexes built in Dobong and Chang-dong, and in Nowon-gu (-0.04%), prices fell mainly in apartment complexes in Sanggye and Gongneung-dong .

Apartment prices in 11 districts in Gangnam fell by 0.03% compared to last week.

In Songpa-gu (-0.06%), prices fell mainly in apartment complexes in Pungnap and Bangi-dong, and in Geumcheon-gu (-0.05%), prices fell mainly in apartment complexes in Gasan and Siheung-dong.

In Gangseo-gu (-0.05%), prices fell mainly for apartment complexes in Yeomchang and Gayang-dong, and in Seocho-gu (-0.04%), prices fell mainly for apartment complexes built in Seocho and Jamwon -dong.

In the fourth week of January, apartment prices in the metropolitan area fell by 0.05% from the previous week.

Gyeonggi apartment prices fell by 0.07% compared to last week.

In Dongducheon City (-0.17%), prices fell mainly in apartment complexes built in Jihaeng and Saengyeon-dong, and in Gwangju City (-0.15%), prices fell mainly in large complexes in Taejeon and Tanbeol-dong.

In Ilsan-dong-gu, Goyang (-0.13%), prices fell mainly in medium-to-large apartment complexes in Sik-dong and Pung-dong, and in Dongan-gu, Anyang (-0.13%), mainly large scale apartment complexes in Bisan and Pyeongchon-dong.

On the other hand, in Gimpo City (0.04%), prices rose mainly for large, newly built complexes due to favorable development factors. Deokyang-gu, Goyang (0.00%) showed mixed performance by complex and remained flat.

Incheon apartment prices fell by 0.03% compared to last week.

In Michuhol-gu (-0.11%), prices fell mainly in apartment complexes built in Dohwa and Hagik-dong, and in Gyeyang-gu (-0.04%), prices fell mainly in large complexes in Byeongbang, Hyosung, and Jakjeon-dong.

In Yeonsu-gu (-0.03%), prices fell mainly in Songdo New Town and Okryeon-Dongchun-dong apartment complexes, and in Dong-gu (-0.03%), prices fell mainly in apartment complexes built in Songhyeon- dong In Jung-gu (-0.03%), prices fell mainly in large areas in Sinheung-dong and Jungsan-dong.

In the fourth week of January, apartment prices across the country fell by 0.05% from the previous week.

By state and province, Daegu (-0.10%), Jeju (-0.07%), Busan (-0.07%), Gyeongnam (-0.05%), Chungnam (-0.05%), Gyeongbuk (-0.04%), Jeonbuk ( – 0.03%) Apartment prices fell in other regions, while North Chungcheong Province (0.00%) remained flat. Apartment prices rose in Gangwon (0.02%).

Among the 178 cities, counties and areas in the published area, the number of places where apartment prices increased compared to last week increased by 2 to 26. The number of flat areas was 9, down 4 from the week last, and the area of ​​decline increased by 2 to 143. Reporter Ryu Soo-jae

#Apartment #prices #Seoul #fallen #weeks #row #waitandsee #attitude #due #uncertainty #quick #sale #properties #traded