The new city is also breathing… Slowing down the decline in apartment prices in the metropolitan area

The drop in apartment sales prices in the metropolitan area has all at once decreased compared to the previous week. In Seoul, the decline in all three districts in Gangnam (Gangnam, Seocho, Songpa) has more than doubled, with Seocho-gu showing a steady state. New towns showed the lowest rate of change since October last year.

According to Real Estate R114 on the 19th, the sale price of apartments in Seoul this week decreased by 0.05%, reducing the decrease from last week (-0.07%). Rebuilding fell 0.01% and overall flat fell 0.06%. New towns and Gyeonggi and Incheon fell by 0.02% and 0.04%, respectively.

In Seoul, with the spring season in motion, inquiries to buy areas very close to school areas have increased, but transactions are mainly done on low-cost quick sales. By region, it fell in order ▲ dobong -0.20% ▲ Gangseo -0.19% ▲ Jungnang -0.16% ▲ Gwanak -0.13% ▲ Gwangjin -0.12% ▲ Gangbuk -0.11% ▲ Map –0.11% ▲% back back back back back back back    Â% ▲11111111111

In new towns, the number of flat areas increased from 4 to 6 compared to the previous week, and the rate of decline slowed in the 1st stage and 2nd stage new towns. By region, Pyeongchon -0.12%, Middle East -0.10%, Ilsan -0.06%, Gwanggyo -0.02%, and Dongtan -0.01%.

In Gyeonggi and Incheon, ▲ Bucheon -0.15% ▲Gimpo -0.13% ▲Uiwang -0.13% ▲Suwon -0.09% ▲Anyang -0.05% ▲Incheon -0.04% ▲.Namyang% ju -0.04% -0.04% ▲.

In the jeonse market, transactions are conducted only with low-priced items amid deepening inventory congestion. Seoul flat jeonse prices fell 0.12%, extending the decline for two consecutive weeks. New towns fell by 0.06%, and Gyeonggi and Incheon by 0.04%.

In Seoul, low-priced properties are trading intermittently while the number of chartered properties continues to pile up. By region, ▲ Gangseo -0.37% ▲ Dobong -0.27% ▲ Gangnam -0.20% ▲ Gangbuk -0.20% ▲ Jungnang -0.20% ▲ Gwanak -0.19% ▲ Gwangjin -0.18% -0.18% -0.18% ▲

New towns decreased ▲Pyeongchon -0.28% ▲Ilsan -0.18% ▲Jungdong -0.11% ▲Sanbon -0.08% ▲Gwanggyo -0.01%.

In Gyeonggi and Incheon, ▲ Bucheon -0.14% ▲Gwangmyeong -0.10% ▲Incheon -0.07% ▲Guri -0.07% ▲Anyang -0.07% ▲Uiwang -0.07% ▲Hwaseong -0.07% ▲Hwaseong -0.07%.

Saerom Baek, Senior Researcher at Real Estate R114, explained, “In a situation where the rate of price change varies repeatedly, it is considered that this is the process of selling certain areas and complexes that have suffered a large reduction rather than giving great importance on it. to a temporary slowdown in decline.”