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Real Estate Countermeasures Not Acquiring Home Prices… Seoul Apartment Price 41% ↑

2019-12-14T00:16:19.625Z

The average selling price of Seoul apartments has risen 41 percent over the past two and a half years. The government has come up with a measure of stabilizing real estate, but the price has continued to rise. I am a reporter. Real Estate 114 analyzed the actual transactions of more than 240,000 Seoul apartments reported to the Ministry of Land, Infrastructure and Transport since 2017.



<Anchor>

The average selling price of Seoul apartments has risen 41 percent over the past two and a half years. The government has come up with a measure of stabilizing real estate, but the price has continued to rise.

I am a reporter.

<Reporter>

Real Estate 114 analyzed the actual transactions of more than 240,000 Seoul apartments reported to the Ministry of Land, Infrastructure and Transport since 2017.

The average transaction price in the first half of 2017 and the second half of this year rose 41%.

The current government has poured out tough real estate regulations for two and a half years, but prices have continued to rise.

It only worked temporarily at the time of the regulatory announcement, and it did not completely dampen expectations about rising house prices.

Amid the low interest rates, enormous liquidity has been released, and changes in development plans and educational systems have had an impact.

In terms of the rate of distinction, the rate of increase in major districts of Gangbuk along with Gangnam was high.

Gangnam-gu rose 53%, while Jongno-gu, Gwangjin-gu, Yongsan-gu, and Seodaemun-gu also rose by more than 50%.

While house prices continue to rise, some are controversial.

This is because the government has a strong will to stabilize housing prices, including announcing additional regulations.

Recently, 30 generations have been aggressively buying their homes, and there is concern that if the younger falls after buying a house at the highest price, they can suffer the damage.

Source: sbskr

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