The growth of Daejang apartments is also slowing.
Sales outlook index trend
[KB부동산 제공. 재판매 및 DB 금지]
(Seoul = Yonhap News) Reporter Kwon Hye-jin = This month, the sales price forecast index in Seoul was found to have shifted to a downward outlook.
According to the monthly housing statistics for November (as of the 11th) announced by KB Real Estate on the 24th, the sales price forecast index in Seoul was 94, falling for the first time in 7 months.
The KB Real Estate Price Forecast Index is an index ranging from 0 to 200 based on a survey of over 6,000 real estate agents across the country on whether prices in their region will rise or fall. The higher the index exceeds 100, the higher the proportion of people who expect a rise.
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If it is below 100, the opposite situation is true.
The Seoul Sales Price Outlook Index exceeded the 100 mark, recording 102 in May, and has consistently been above 100, including 114 in June, 127 in July, 124 in August, 110 in September, and 101 in October, but fell below the 100 mark for the first time in 7 months. fell to
Ulsan (107) and Jeonbuk (100) exceeded 100, but the remaining regions, including Gyeonggi (92), Incheon (93), Gwangju (85), Jeonnam (87), Daegu (88), and Gyeongbuk (89), all exceeded 100. fell below
Previously, in a survey by the Korea Real Estate Agency, the Seoul apartment actual transaction price index fell 0.01% in September, turning downward for the first time in nine months.
KB Sundo Apartment 50 Index monthly increase/decrease rate
[KB부동산 제공. 재판매 및 DB 금지]
In this survey by KB Real Estate, it was also detected that the price increase of large apartments across the country is slowing down.
The ‘KB Real Estate Leading Apartment 50 Index’, which shows the market capitalization index and change rate of the top 50 apartment complexes in terms of market capitalization (number of households .
The rise rate of the Seondo Apartment 50 Index, which was 0.01% in March, increased from 0.12% in April, 0.40% in May, and 0.63% in June to 2% in July (2.25%), August (2.46%), and September (2.16%). reached the age of
However, the rate of increase slowed to 0.63% this month, following 1.09% last month.
The leading apartment 50 index is more sensitive to price changes than the entire complex, making it useful for examining the entire market a priori.
This month, nationwide housing sales prices increased by 0.03% compared to the previous month, and jeonse prices increased by 0.18%.
Apartment sales prices in Seoul rose 0.29%.
lucid@yna.co.kr
Report via KakaoTalk okjebo
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2024/11/24 12:24 Sent
Considering the recent slowdown in price growth of large apartment complexes, are we witnessing a correction in Seoul’s housing market, or is this merely a temporary pause before prices resume their upward trajectory?
## World Today News – Interview: Housing Market Developments in Korea
**Introduction:**
Welcome to World Today News! Today, we’re discussing the interesting trends emerging in South Korea’s housing market, specifically focusing on the slowdown in price growth, particularly within large apartment complexes. We have two expert guests joining us today to shed light on these developments:
* **Dr. Kim Min-Jun:** A leading real estate economist specializing in Korean residential markets.
* **Mr. Lee Jae-Wook:** A veteran real estate agent with over a decade of experience in the Seoul market.
**Section 1: Shifting Sentiments**
**(To Dr. Kim)**
The KB Real Estate Price Forecast Index for Seoul dipped below 100 for the first time in 7 months. What factors do you believe contributed to this shift in sentiment? Are these changes indicative of a larger trend?
**(To Mr. Lee)**
As someone on the ground, interacting with buyers and sellers daily, have you noticed this shift in sentiment? What are the reasons your clients give for these changing expectations?
**Section 2: Slowdown in Large Apartment Price Growth**
**(To Dr. Kim)**
The KB Leading Apartment 50 Index showed a scaling back of price increases this month. What are the implications of this slowdown for the overall housing market, especially considering these apartments generally serve as a bellwether for market trends?
**(To Mr. Lee)**
Do you expect this slowdown to impact specific types of properties or localities more than others? What advice would you give to potential buyers and sellers in this evolving market?
**Section 3: National and Seoul Trends**
**(To Dr. Kim)**
While Seoul experienced a slowdown, nationwide housing sales prices still saw a slight increase. What regional dynamics are driving these differing trends?
**(To both guests)**
Do you foresee a widening gap between Seoul and other regions in terms of housing price growth? What are the long-term implications of such a trend?
**Section 4: Looking Ahead**
**(To both guests)**
What key factors will influence the trajectory of the Korean housing market in the coming months? What are your predictions for the future?
**Concluding Remarks**
Thank you, Dr. Kim and Mr. Lee, for sharing your valuable insights. These are indeed complex and evolving times for the Korean housing market. Stay tuned to World Today News for ongoing coverage of these and other developments shaping our world.
This interview structure incorporates open-ended questions promoting discussion and diverse perspectives. By dividing the interview into thematic sections, each guest’s expertise can be fully utilized. The final concluding remarks encourage continued exploration of these important issues.
