The average apartment price in the Gangnam and Gangbuk areas of Seoul exceeded KRW 1.5 billion and KRW 1 billion, respectively.



According to KB Kookmin Bank's monthly housing market trend time series statistics today (28th), the average apartment sale price in the Gangbuk area (14 districts north of the Han River) and Gangnam area (11 districts south of the Han River) this month was 1.512 billion won, It recorded 1,04.87 million won, exceeding 1.5 billion won and 1 billion won, respectively, for the first time.



The average sale price of all apartments in Seoul this month was 1.268.91 million won.



Apartment prices in the Gangnam area exceeded KRW 1 billion for the first time in August 2019, and then rose by KRW 200 million for a year, exceeding KRW 1.2 billion in September 2020, reaching KRW 1.235 million.



Then, six months later, in March of last year (1.35 billion won), it increased by 100 million won to exceed 1.3 billion won, and in September of the same year after six months (1.429.8 million won), it exceeded 1.4 billion won. I did.



This month (1.512 billion won), five months after that, crossed the 1.5 billion won line, where mortgage loans were completely banned.



The average apartment price in the Gangbuk area broke through the high-priced housing threshold of 900 million won for the first time in June last year (902.9 million won), and this month (1.04.87 million won) increased by 100 million won for the first time in eight months. exceeded the circle.



The average apartment price in the metropolitan area, including Seoul, Gyeonggi and Incheon, was 819.95 million won this month, exceeding 800 million won.



In the provinces, the average apartment price in the five major metropolitan cities (Daejeon, Daegu, Busan, Ulsan, and Gwangju), which had a relatively large price increase, was 42.48 million won, entering the 400 million won range.



In addition, it was found that the polarization in the apartment sales and jeonse market nationwide has deepened at an all-time high.



The ratio of the nationwide apartment quintile this month was 10.0 for sale and 7.8 for jeonse.



This is the highest number ever since the monthly survey began in December 2008.



The quintile multiplier divides houses into quintiles by price, and is the average price of the top 20% (quintile) divided by the average price of the bottom 20% (quintile).



It shows the price gap between high-priced and low-priced housing, and the higher the multiplier, the greater the polarization.



Nationwide, the sale price of apartments in the top 20% of prices is 10.0 times higher than those of apartments in the bottom 20%, and the Jeonse price is 7.8 times higher.



The average apartment price for the bottom 20% of the nation this month was 123.42 million won, down 650,000 won from last month, but the apartment price for the top 20% increased by 23.07 million won to an average of 1.236.39 million won.



During the same period, the price of the apartment in the bottom 20% of the country was 88.03 million won, a decrease of 50,000 won from last month, but the apartment in the top 20% reached 691.3 million won, an increase of 13.04 million won.



Since the end of last year, the perception that house prices are at a high point has spread, and transactions have plummeted due to tightening loan regulations and interest rate hikes. Even in Seoul, the rate of price increase has slowed or turned downward in many places. It is interpreted that the polarization intensifies without stopping the upward trend.



In addition, as of the end of December last year, Seoul's 'Price Income Ratio (PIR)' was 20.1 based on the middle quintile of income and housing prices.



PIR is the house price divided by the household income, and it means that the middle class in Seoul must collect a monthly salary for 20.1 years without spending a single penny to afford a house at the median price level in the area.



In Seoul, this number reached an all-time high for the fifth consecutive month, increasing from 17.1 in July last year to 17.4 in August, 17.6 in September, 19.8 in October, 20.0 in November and 20.1 in December.

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