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The government and the civic groups gave different results a while ago about how much the apartment price in Seoul has risen. Kyungshil said 51.7% rose, while the Ministry of Land, Infrastructure and Transport claimed 14.2%.

Kyungshil-ryun sent an open questionnaire today (8th) to reveal the grounds to the Ministry of Land, Infrastructure and Transport.

<Reporter>

Gyeongsilyeon said on the 23rd of last month, based on KB real estate data, the Seoul government has increased the price of apartments in Seoul by 51.7%.

The next day, the Ministry of Land, Infrastructure and Transport rejected 14.2% based on data from the Korea Appraisal Board.

51.7 and 14.2, these two numbers cannot be compared first.

51.7% of light sparsity is the median price change rate.

The median price refers to the price of an apartment in the middle when the Seoul apartments are lined up according to the price.

On the other hand, 14.2% of the Ministry of Land, Infrastructure and Transport is calculated as the average value of individual apartment price fluctuations.

This is a bit complicated, but I'll simplify it and give an example.

Suppose two of these three apartments have risen by 10 million won, the price is cheap and the price of the old one has remained the same.

Of course, the interest of consumers will be focused on these two houses whose prices have risen.

The median price increase rate calculated by the spasticity equation is 3.3 % .

The average rate of change in individual apartment prices calculated by the Ministry of Land, Infrastructure and Transport is 1.9%.

For me alone or old apartments with few transactions, there will be no significant price fluctuations.

The Korea Appraisal Board, which provided data to the Ministry of Land, Infrastructure and Transport, also says that the figures presented by the Ministry of Land, Infrastructure and Transport will differ from the consumer experience.

In the meantime, we recommended that you refer to the median price fluctuation rate when you are interested in a new apartment and the real price fluctuation rate when you are interested in a lot of transactions.

According to the Korea Appraisal Board data, for the current government, the price of apartments in Seoul rose 57.4% based on the median price and 45.3% based on the actual transaction price.

(Video Editing: Seong-hoon Jeong, CG: Sang-hyun Park)    

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