As apartment prices in Seoul continue to fall, home buying sentiment has also froze.
According to the Korea Real Estate Agency, the apartment sales and supply index in Seoul this week recorded 80.9, down for the 18th consecutive week.
A lower than 100 means that there are more people who want to sell houses on the market than people who want to buy them.
In the survey conducted on November 15 last year, it recorded 99.6 and the baseline 100 collapsed, and the 'buying advantage' situation has continued for 43 weeks in a row, with more sellers than buyers.
In particular, the possibility of a collapse of the Seoul apartment sales supply-demand index of 80 is increasing amid the recent severe slump in transactions due to concerns over interest rate hikes and falling house prices.
Even in the jeonse market, there are many items looking for new contractors, but the situation is continuing with no tenants.
The nationwide apartment jeonse supply and demand index fell from 90.2 last week to 89.6 this week, breaking the 90 line, and the Seoul index was 86.3, down 1.3 points from last week.