In the metropolitan areas including Seoul, Gyeonggi, and Incheon, the ratio of the cheonsei ratio to the selling price (the cheonsei ratio) was the lowest in six years.

According to KB Kookmin Bank's monthly house price trend on KB Kookmin Bank, last month's apartment rental rate in the metropolitan area was 65.1%, the lowest in six years and one month since March 2014 (64.6%).

The chartered rate of apartments in the metropolitan area broke 70% in October 2018, and declined once again for one year and four months from January last year.

During this period, the rise in the median price was steeper than the rise in the previous set price in Seoul, Gyeonggi, and Incheon.

According to KB Cicero, the rent to apartment ratio in each metropolitan area last month was 54.7% in Seoul, 73.1% in Incheon, and 65.1% in Gyeonggi.

Seoul's charter rate has fallen from 60% in November 2018 to 1 year and 4 months since January last year.

Incheon's charter rate remained at 75% last year, but this year it fell for 4 consecutive months to 75.0% in January, 74.7% in February, 73.6% in March, and 73.1% in April.

Last month's charter rates in Incheon Yeonsu-gu, Namdong-gu, and Bupyeong-gu, where demand for investment was concentrated in unregulated areas, were 1.9 to 2.7 percentage points higher than the previous month.

The economy's charter rate fell from 72.0% last November for the fifth straight month.

In particular, with a charter rate of 69.8% in March, the wall of 70% collapsed in 5 years and 1 month.

Due to the regulatory balloon effect, the charter rate of Suwon, Seongnam Sujeong-gu, Anyang Manan-gu, Bucheon, Yongin Giheung / Suji-gu, Uiwang, and Hwaseong, which had steeply risen in apartment prices, fell below 70% this year.

In addition, according to the Korea Appraisal Board, the rental rate of apartments in the metropolitan area was 65.9% last month, the lowest in 6 years and 2 months since February 2014 (65.8%).

According to the appraisal agency's statistics, the charter rate of the game was 69.8% in March and the 70% line collapsed after 5 years, and it continued to decline to 69.3% in April.

However, according to the Korea Institute of Statistics, the charter rate in Seoul continued to decline until January (57.2%), and then rose for the third consecutive month to 57.4% last month.

In the aftermath of the new coronavirus infection (Corona19), apartment prices fell mainly in Seoul, leading to an increase in the charter rate.

In the housing market, the government's regulations and corona19 reduce the sales volume of apartments in Seoul and the metropolitan area, suggesting that the market may be weakened and chartered.

In this case, the rental rate of apartments, which fell to the level of 5 to 6 years ago nationwide, will rise.

The government's real estate regulations have also increased the likelihood that homeowners, whose tax burden has increased, will actually increase the rent at a low interest rate of 0%.

Park Won-gap, a senior expert at KB Kookmin Bank, said, "The charter rate has continued to decline, especially in the metropolitan area where the price of the price has risen." "You can switch."

(yunhap news)