Continued Decline in Apartment Prices Raises Concerns in South Korea
[딜사이트 박안나 기자] Sales prices for flats across the country have fallen for 9 weeks in a row. As the downward trend in sales prices continues for more than two months, the wait-and-see buying trend appears to be intensifying. According to the weekly apartment price trend published by the Korea Real Estate Board on the […]
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 […]
Apartment Sale Prices Continue to Decline, Jeans Prices Rise: Latest Trends in South Korea’s Real Estate Market
[딜사이트 박안나 기자] The drop in apartment sale prices across the country has widened further. While apartment prices continued to fall, jeans prices continued to rise. According to the weekly apartment price trend published by the Korea Real Estate Board on the 21st, in the third week of December (on December 18), apartment prices nationwide […]
Apartment prices in Seoul on the decline for three consecutive weeks
[비즈니스포스트] Apartment prices in Seoul have been falling for three weeks in a row. According to data from the Korea Real Estate Board on the 21st, the sale price of apartments in Seoul in the third week of December on the 18th was 0.04% lower than the previous week. The decrease also increased compared to […]
Apartment Prices in Seoul Continue to Rise for 27th Consecutive Week
Rewrite text [비즈니스포스트] Apartment prices in Seoul have risen for 27 consecutive weeks. According to data from the Korea Real Estate Board on the 23rd, on the 20th, of the third week of November, apartment sales prices in Seoul rose 0.03% from the previous week. It was 0.02 percentage points lower than last week’s increase […]
The Declining Trend in the Korean Housing Market: Indicators and Predictions for 2024
Real Estate Market Indicators Point to Potential Decline in Housing Prices There are signs that the housing market may experience a downturn, with indicators showing a potential decline in housing prices, particularly for apartment units. The number of real estate listings in Seoul has increased, while the sales outlook index has fallen below the 100 […]
The Rebound in Seoul’s Housing Market Sparks Hope for Metropolitan Area
Apartment Prices in Seoul on the Rise, Rebound Trend Spreading The housing market in Seoul has experienced a steady increase in apartment prices for the past two months. This trend is further supported by the consistent rise in flat transactions, with over 3,000 cases recorded for the third consecutive month. The positive momentum in Seoul […]
“What if the landlord doesn’t return the deposit?”… How to survive the ‘reverse charter storm’
Tenant Mr. Kim, who lives in apartment A (101㎡) in Songdo-dong, Yeonsu-gu, Incheon, is worried about the end of his contract. A few days ago, to the landlord, ‘Thank you so far. I’ll be leaving in three months, so get ready to return the deposit.” Two years ago, in April 2021, Mr. Kim signed a […]
Reversal of Sejong and Incheon, which had a big drop… Rate of increase increases as ‘foreign investors’ flock
As real demand shows signs of rebound as real demand recovers in new city areas such as Sejong, Seo-gu and Yeonsu-gu, Incheon, where the decline has been great, even ‘investors foreign’ joins and increases the rate of increase. On the 16th, Chosun Biz analyzed statistics on areas where foreign investment increased from real estate big […]
Seoul apartment, transaction increased, price increased … “It’s not a full-blown uptrend.”
At the same time as apartment sales in Seoul are increasing, the sale prices of popular complexes or apartments with good news for reconstruction are also showing an upward trend. View of the apartment complex from Namsan Tower in Jung-gu, Seoul. /news1 According to the Seoul Real Estate Information Plaza on the 14th, the number […]
