Last month, the number of subscribers to the comprehensive housing subscription savings nationwide fell for the first time in history.
According to the subscription home of the Korea Real Estate Agency on the 22nd, the total number of subscribers to the comprehensive housing subscription savings nationwide as of the end of July was 27,019,253, which was 12,658 from 27,031,911 in the previous month. name decreased.
It is the first time in history that the number of monthly subscribers has decreased nationwide since the launch of Comprehensive Housing Subscription Savings in 2009.
The number of subscribers in Seoul and the five major metropolitan cities (Daejeon, Daegu, Ulsan, Busan, and Gwangju) decreased for two consecutive months, and in July, Incheon and Gyeonggi Province also declined, recording the first nationwide decline.
The number of subscribers in the Seoul area decreased for two consecutive months to 6,255,424 in May, 6,251,306 in June, and 6,244,35 in July.
The decrease also expanded to 4,118 and 7,271.
The number of subscribers in the five major metropolitan cities also decreased for two consecutive months to 5,31,330, 5,039,908, and 5,305,175 during the same period.
The decrease also increased to 1,422 and 4,733.
In addition, last month, the number of subscribers to the comprehensive housing subscription savings account in Incheon and Gyeonggi was 8,16,737, down 3,637 from 8,82,374 in June.
On the other hand, only other regions (8 provinces and Sejong) increased the number of subscribers from 6,65323 to 6,653,306 during this period.
Judging from the fact that the number of housing subscription savings subscribers in the metropolitan area and five major metropolitan cities, which have been selected as popular areas for subscription, decreased all at once last month, the analysis suggests that the demand for bankbook cancellation has increased rather than the possibility of moving addresses to increase the probability of winning the first prize in other regions. weight is carried.
This is because the popularity of the subscription market is cooling down due to the weakening of buying sentiment in the real estate market as a whole and the reduction in the advantages of pre-sale due to the fall in selling prices.
Among the four major subscription account types (housing subscription savings, subscription savings, subscription installments, subscription deposits), only housing subscription savings accounts can be newly registered.
Last month, compared to June, subscription savings (390,163 → 394,542), subscription installment (162,852 → 162,314), subscription deposit (1,08,353) The number of subscribers (from 1,05,62) decreased all at once.
In products other than housing subscription savings, there is a possibility that there may have been people who canceled the account even if the subscription winners were excluded.
An official from the Real Estate Agency said, "The number of subscription account subscribers is already high enough compared to the economically active population, so the growth has started to slow from the beginning of last year." "The number of subscribers decreased nationwide for the first time last month. This seems to be due to the reduced interest in the subscription market."
The low interest rate also seems to play a role in the background of the subscription account cancellation.
The current interest rate for general housing subscription savings is 1.8% per annum, which has remained at the same level since August 2016.
This is in contrast to the recent rise in the base interest rate, as well as interest rates on deposits and savings accounts.
Even the housing subscription savings rate is much lower than the base rate of 2.25% per annum.
Jeong Jin-hoon, head of the Housing Fund Division of the Ministry of Land, Infrastructure and Transport, said, "The 107 trillion won fund raised through subscribers is used for low-interest policy loans such as stepping stones and shoring loans. Considering that the balance per person is less than 4 million won, it should not be compared with general savings and savings accounts.”
Manager Jeong added, "With the decision to freeze the interest rates for stepping stones and support loans until the end of the year, if the interest rate on the subscription account is raised, the fund will inevitably incur a huge loss."
(Photo = provided by Yonhap News TV, Yonhap News)