Finance Minister Hong Nam-ki and Minister of Strategy and Finance announced today (11th) "If there are any signs of housing market instability, we will always take necessary measures and implement them without hesitation."

At today's 6th meeting of the Emergency Economic Central Countermeasures Headquarters (Economic Major) held at the Seoul Metropolitan Government Office, Hong said, "I'm being alert and being polite," he said.

The sale price of apartments in Seoul, which had been declining due to the December 16 measures last year and concerns about the recession caused by the Corona 19 crisis, has recently turned to a flat price.

The prices of apartments in the metropolitan area are also increasing.

In response, Hong's deputy prime minister issued a warning message.

Deputy Prime Minister Hong said, “The overall price of housing such as Seoul has remained stable since the December 16 measures, and in particular, the housing price is expected to decline due to the recent contraction of the real economy. Said.

He emphasized, "As I emphasized several times, the government's commitment to real estate market stability that is directly related to the livelihood is more consistent and firm than ever."

(Photo = Yonhap News)