It is analyzed that the rise of apartment prices in Seoul is slowly entering a stable trend.
It is analyzed that the buying advantage market is changing as buying sentiment declines in anticipation of supply expansion due to the 2·4 housing supply plan, and the rise in mortgage loan interest rates and the tax burden arising from the increase in publicly announced prices are visible.
According to the actual real estate transaction information from the Ministry of Land, Infrastructure and Transport on the 21st, among apartment transactions in Seoul since the 2nd and 4th supply measures, the number of apartment transactions in Seoul that decreased in price compared to the previous transaction is increasing.
The number of transactions whose price declined from the previous transaction was only 18.0% in January (493 out of 2,441), but increased to 24.9% (415 out of 1,669) in February, and March (1-17) Standard) The trend is gradually increasing to 38.8% (109 out of 281 cases).
Complexes with lower prices are found throughout Seoul, including the Gangnam area.
Apgujeong-dong A certified representative said, "In the Gangnam area, the price of the house jumped in anticipation that the reconstruction would speed up, but now, the perception that it has risen is spreading, so the sale with a little lower price becomes a transaction, and the house that will receive the right price becomes a transaction. "It is not in a state."
In the outskirts of the Gangnam area, such as'Mayongseong' (Mapo, Yongsan, Seongdong-gu), where there are many high-priced apartments, and'Nodogang' (Nowon, Dobong, Gangbuk-gu), and'Geumcheon, Gwanak, Guro-gu,' It's easy to find deals that have lowered prices.
B official representative of Guro-gu said, "This is a relatively cheap house in Seoul, so transactions were made one after another at the declared price until last month. However, after the 2-4 measures and the announcement of the new city, the supply of the house will increase and the house price will not increase further, so he hesitated to buy it. There is an atmosphere. Inquiries have also decreased.”
According to the Korea Real Estate Agency survey, apartment prices in Seoul rose 0.10% in the first week of February, just before the announcement of the 2 and 4 measures, recording the highest increase this year for 6 consecutive weeks (0.09%→0.08%→0.08%→0.07%→0.07%→0.06). %) The rise has slowed.
The sentiment of buying apartments in Seoul, which has only soared so far, is also calming this month.
KB Real Estate's Buying Advantage Index fell below 100 for the first time this year at 96.2 per week this month, followed by 90.3 for 2 weeks and 82.4 for 3 weeks, falling below 100 for 3 consecutive weeks.
If this index is above 100, it means there are many buyers, and if it is below 100, it means the opposite.
In this atmosphere, sales are gradually accumulating in the trading market, which is interpreted as a sign that the market that had been selling superiority is gradually changing to a buying advantage.
According to real estate big data company Asil (Apartment Transaction Price), apartment sales in Seoul amounted to 46,219, an increase of 14.3% from a month ago (February today (21st)).
Dobong-gu (24.4%) had the highest sales growth rate, followed by Dongdaemun-gu (22.7%), Nowon-gu (22.1%), Seodaemun-gu (21.8%), Eunpyeong-gu (19.4%), and Gwanak-gu (18.3%).
An official at the Real Estate Agency analyzed that "the government's successive supply measures are raising expectations for supply expansion, stabilizing the buying sentiment and turning the house price into a stable trend."
Experts say that it is unreasonable to say that apartment prices in Seoul have entered a full-fledged downturn.However, as prices surged, additional upside potential is limited, and tax burdens from public price hikes are realizing, increasing cases of contemplating selling by multi-homeowners. I predicted that it would be.
KB Kookmin Bank's senior real estate expert expert Park Won-gap said, "Recently, the US government bond rate is rebounding and domestic banks are also paying attention to the atmosphere of raising the mortgage interest rate." It can be a burden and affect the entire real estate market.”