Gangnam apartment declined for 28 weeks … 8 · 2 countermeasure effect appears
In Seoul, the increase in the selling price has slowed down overall, and attention has been focused on the change in the selling price of apartments in Seocho-gu and Gangnam-gu. In Seocho-gu and Gangnam-gu, respectively, the selling price was 0.01% lower than a week ago.
Apartment prices in Gangnam-gu compared to Jeonju fell only by 27 weeks after a 0.02% decline in the January 30th survey. Gangnam-gu has continued to increase since May 29, when apartment prices climbed 0.17%. It was up 0.38%, 0.27%, 0.23% and 0.22% throughout June. On Aug. 7, immediately after the announcement of the 8.2 real estate measures, the survey showed a 0.06% increase from the previous week. The uptrend was somewhat smaller and fell on the 14th survey. The drop in the selling price is not large, but it is a remarkable change considering the previous increase.
Seocho-gu also fell 0.01% after 27 weeks since January 30 (-0.01%).
In Gangbuk area, only the apartment of Nowong-gu designated as the speculative area fell down. On January 4, 2016, Nowon-gu turned downward after a one-year and eight-month period after selling prices fell 0.02% from the previous quarter. On June 12, one week before the announcement of June 19 measures, the selling price rose 0.58% from Jeonju. Even after the measures were announced, the rate of increase was 0.45% for two consecutive weeks, but the rise started to slow down from August 7.
Enter: 2017.08.21 14:00