Home prices in the metropolitan area are waiting again on the prudence of deregulation… Ilsan and Bundang ↑

Real Estate R114 providedAfter the presidential election, apartment prices in Seoul, which had been excited by expectations for deregulation, have entered a wait-and-see situation due to the new government’s prudence in deregulation. However, apartment prices in the first new city continued to rise.

Real Estate R114 provided

According to Real Estate R114 on the 29th, apartment prices in Seoul this week (as of the 25th) were flat (0.00%). Reconstruction fell 0.01%, turning downward in five weeks, and general apartments rose by 0.01%. New towns in the first phase rose by 0.01%, while Gyeonggi and Incheon remained flat (0.00%). As for the Jeonse market, Seoul recorded a flat rate (0.00%), while new towns and Gyeonggi and Incheon rose 0.01% each.

Real Estate R114 providedIn Seoul, expectations for the relocation of the Oval Office led to a sharp rise in Yongsan-gu. By region, △Yongsan (0.12%) △Guro (0.08%) △Seocho (0.08%) △Dobong (0.05%) rose. On the other hand, △Gangdong (-0.11%) △Gangbuk (-0.09%) △Nowon (-0.06%) △Gangnam (-0.03%) fell.

Real Estate R114 providedNew towns continued to rise due to the rise of the first new towns. By region, △Ilsan (0.10%) △Gimpo Han River (0.04%) △Bundang (0.02%) △Middle East (0.02%) △Sanbon (0.01%) rose while Dongtan (-0.01%) fell.

Real Estate R114 providedIn Gyeonggi and Incheon, △Siheung (0.02%) △Anyang (0.02%) △Icheon (0.02%) △Gwangmyeong (0.01%) △Gimpo (0.01%) △Namyangju (0.01%) △Seongnam (0.01%) rose. On the other hand, △Uiwang (-0.05%) △Paju (-0.03%) △Hwaseong (-0.01%) △Suwon (-0.01%) △Incheon (-0.01%) fell.

Real Estate R114 provided

The downtrend in Seoul’s charters has stopped. By region, △Jungnang (0.17%) △Seongdong (0.14%) △Yongsan (0.14%) △Dobong (0.11%) △Seocho (0.10%) increased △Gangdong (-0.20%) △Gangseo (-0.18%) △ Gangnam (-0.08%) and Seongbuk (-0.06%) fell.

Real Estate R114 providedIn new cities, △Ilsan (0.08%) △Gwanggyo (0.06%) △Middle East (0.03%) △Gimpo Han River (0.03%) rose, △Pyeongchon (-0.03%) △Dongtan (-0.01%) △Bundang (-0.01) %) decreased.

Real Estate R114 providedIn Gyeonggi and Incheon, △Gunpo (0.06%) △Osan (0.06%) △Yongin (0.05%) △Guri (0.04%) △Icheon (0.04%) △Siheung (0.03%) △Paju (0.03%) rose while △Uiwang (-0.28%) △Hwaseong (-0.01%) fell.

Lim Byung-cheol, head of the Real Estate R114 research team, said, “As the prudence of real estate deregulation has expanded, some areas are showing a wait-and-see movement again.” and analyzed. He added, “Unlike deregulation, where development expectations are high, transactions continue, in some regions, even a sudden sale is hesitant. Until a clear policy direction from the new government is announced, this mixed trend is expected to continue for a while.” .

Team Manager Lim also said, “The Jeonse market in the Seoul metropolitan area is showing a clear upward trend as demand increases and the number of listings in the market decreases. If demand moves prematurely ahead of the expiration of the right to renew the contract, it could exacerbate the uncertainty in the jeonse market.”