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“Statistics beyond common sense”… Seoul villa prices rose 28% in one month

picture explanationWhen the Korea Real Estate Agency changed the sample, the average selling price in downtown Seoul, including Jongno and Yongsan-gu, jumped 37.9% last month. A view of the villa clustered area around Jongno-gu, Seoul on the 24th. [박형기 기자]

When the Korea Real Estate Agency redesigned the statistical sample of tenement and multi-family houses (villas), the average price of villas in Seoul soared 28% in a month. Last month, as the real estate agency greatly expanded the statistical sample of apartment prices, apartment prices in the metropolitan area jumped about 20% in July in an instant, and not only apartments but also villas. In the meantime, the government has argued that ‘real estate agency statistics are more accurate’ whenever criticism is raised about the gap between the real estate agency statistics and the private institution statistics. .

According to the Real Estate Agency’s ‘July National Housing Price Trend Survey’ on the 24th, the average sale price of a villa in Seoul in July was 346.29 million won. Last June, it was 270.34 million won, a 28.1% increase in just one month. According to Station 3, which operates a real estate platform coffee shop, the average sales price and the rate of increase in the Jeonse price in Seoul last month were the highest in about nine and a half years since January 2012, when the Real Estate Agency started collecting related statistics. Considering that the price increase in the previous year (July 2020 to June 2021) was only 3.1%, it is a huge increase.

In the meantime, the real estate agency statistics have been controversial due to the large gap between them and the figures published by the private sector such as KB Real Estate and Real Estate 114. In fact, the average sale price of KB Real Estate villas in Seoul first entered the 300 million won range in August last year, and has risen monthly for a year to record 332.2 million won in July. In July, for the first time, it entered the 300 million won level.

In response, the Real Estate Agency changed the statistical sample from last July after undergoing a research process after being recommended by the National Statistical Office to increase the number of samples and redesign the sample at the end of last year. The monthly survey increased the housing sample from 28,360 to 46,170, and the weekly survey increased the apartment sample from 9,400 to 32,000. The distribution of house prices was also taken into account. “The monthly sample size of row houses and multi-family houses remained unchanged from the previous one at 6,350,” said Dabang. Considering the distribution of values, when a new sample was extracted from the population, the range of fluctuations in the sale price and the total price increased.

In fact, the average sale price of villas in the downtown area of ​​Gangbuk (Jongno, Jung, Yongsan-gu) in Seoul was 490.13 million won, up 37.9% from the previous month. The sale price of villas in the southeast area of ​​Gangnam (Seocho, Gangnam, Songpa, Gangdong) and the southwest area (Yangcheon, Gangseo, Guro, Geumcheon, Yeongdeungpo, Dongjak, Gwanak) recorded 55.47 million won and 290.15 million won, respectively, 33.7%, 32.1 % increased.

Last month, the average rental price for villas in Seoul was 243 million won, up 31.5% from the previous month (184.84 million won). The downtown area in Gangbuk (3464.2 million won) soared 56.9%, and the southeast area of ​​Gangnam (354.86 million won) soared by 42.1%.

Not only in Seoul, but also in Gyeonggi-do and regional villas, sales and rental prices have also skyrocketed. The sale price of Gyeongbu 1 volume (Gwacheon, Anyang, Seongnam, Gunpo, and Uiwang) soared 62.9% to 4581 million won, and 53.9% to 81.1 million won in Jeonbuk. Nationwide, last month, villa sales and jeonse prices rose 16% and 15.5%, respectively, to 22.14 million won and 137.91 million won.

Shim Gyo-eon, a professor of real estate at Konkuk University, said, “Government statistics have been strangely lower than those of private institutions. Professor Shim said, “Consistency is more important than the absolute meaning of numbers, but if you change the standard from time to time, the continuity is broken. did.

Regarding this, the Real Estate Agency said, “As the sample was completely redesigned, the average and median prices rose as more samples such as high-priced and newly built villas were included naturally.” It can change at any time depending on the configuration, so it is good to only refer to it at a certain point in time.”

[권한울 기자]
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