According to the first weekly apartment price trend survey after the government's household debt measures announcement on June 27, the increase in sales prices of apartments in Seoul has slightly decreased. However, high growth rates were observed in districts such as Seongdong-gu, Mapo-gu, Bundang-gu in Seongnam, and Gwacheon.
On the 3rd, according to the Korea Real Estate Board (REB), apartment sales prices in Seoul for the last week of June (as of the 30th) rose by 0.40% compared to the previous week. The increase decreased slightly from the previous week's 0.43%.
By autonomous district, Seongdong-gu (0.89%) rose mainly around the Hangeul and Hahwangsimni station areas, Mapo-gu (0.85%) focused on the major complexes of Seongsan and Singongdeok, Yongsan-gu (0.58%) centered around Ichon and Munbae-dong, Gwangjin-gu (0.49%) concentrated on small to medium sizes in Gwangjang and Jayang-dong, and Jongno-gu (0.24%) rose mainly in the Changsin and Hongpa-dong areas. Seongdong-gu showed the highest growth rate in all of Seoul, followed by Mapo-gu. While the three districts in Gangnam (Gangnam, Seocho, and Songpa) experienced a slowdown due to the reassignment of land transaction approval zones, these areas recorded higher growth rates.
In Gangnam, Songpa-gu (0.75%) rose mainly around Jamshil and Sincheon-dong, Gangnam-gu (0.73%) focused on the redevelopment scheduled complexes in Apgujeong and Gaepo-dong, Yeongdeungpo-gu (0.66%) concentrated around the station areas in Singil and Yeouido-dong, and Seocho-gu (0.65%) rose mainly in Seocho and Banpo-dong, but the increase decreased compared to the previous week.
The Korea Real Estate Board (REB) noted, "As the sales prices rise focusing on redevelopment areas and major complexes, the overall increase in Seoul slightly diminished as inquiries from buyers decreased in preferred areas."
The national sales prices rose by 0.07%, expanding the growth compared to the previous week's 0.06%. In the metropolitan area, prices also increased by 0.17%, expanding the growth compared to the previous week's 0.16%, while the provinces decreased by 0.02%, reducing the drop compared to the previous week's -0.03%.
In Gyeonggi, prices rose by 0.09%, expanding the growth compared to the previous week's 0.05%. Bundang-gu in Seongnam recorded the highest growth rate at 1.17%, and Gwacheon followed with 0.98%. Anyang's Dong-an-gu (0.37%) also showed an upward trend. In contrast, Goyang's Ilsandong-gu (-0.18%) and Pyeongtaek (-0.13%) experienced declines.
In Incheon, prices fell by 0.02%, turning downward from a 0.01% increase the previous week. Namdong-gu (0.07%), Dong-gu (0.02%), and Yeonsu-gu (0.02%) showed upward trends, while Seo-gu (-0.12%) and Michuhol-gu (-0.05%) experienced declines.
The national apartment rental prices rose by 0.02%, maintaining the increase from the previous week. The metropolitan area rose from 0.04% to 0.05%, while Seoul's growth narrowed from 0.09% to 0.07%, and the provinces maintained a drop of -0.01%.
The Korea Real Estate Board (REB) explained, "While some areas with an influence from apartment move-in volumes and older complexes saw rental prices fall, steady demand for rentals in preferred complexes with good transportation and school districts continued, leading to an overall upward trend in Seoul."