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Apartment prices in the Gangnam area of ​​Seoul also started to fall.

Opinions that the rise in apartment prices seem to have stopped and the prospects that there will be no significant decline are mixed.



Reporter Kim Jung-woo reports.



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is a large apartment complex in Jamsil, Seoul.



Last month, an 84-square-meter apartment was sold for 2.35 billion won, which is more than 300 million won lower than three months ago.



In Gaepo-dong, Gangnam-gu, a house with an exclusive area of ​​59 square meters fell by 150 million won in one month.



The price of apartments in Gangnam's 3rd district, which had risen steadily, turned to a downward trend.



[Kim Gyu-gyu / Korea Investment & Securities Asset Succession Research Institute Director: Concerns about price adjustments or price declines in the field are much higher than those shown by the indicators.]



So, the argument for a decline in the trend is coming out.



House prices rose sharply in the early 2000s, fell for nearly five years from 2009, and then rose again for nearly eight years.



However, it is not uncommon to argue that house prices have only dropped temporarily due to loans and various regulations, and that it is difficult to see a decline in the trend because supply is still in short supply in major areas of Seoul.



[Lee Eun-hyung / Research Fellow, Korea Construction Policy Research Institute: It can be seen that (the market) was greatly suppressed by factors such as loan regulations, so it is not enough to judge the trend as a decline.

It is highly likely that regional polarization will occur rather than an overall decline.]



Amid mixed forecasts, the July-August real estate market is expected to become a turning point in determining whether the trend will decline or not, when sales and transactions begin in earnest ahead of the autumn moving season.