Home » Business » The percentage of immediate decrease in condominium costs is the best in the final 10 a long time … signal of a downward changeover

The percentage of immediate decrease in condominium costs is the best in the final 10 a long time … signal of a downward changeover

Analysts identified that the proportion of drop in condominium selling prices achieved the best amount in the previous 10 a long time.

In accordance to Jikbang on the 22nd, in the initial quarter (January to March) and second quarter (April to June) of this 12 months, the percentage of apartment costs falling across the country and in Seoul exceeded 40%.

This is the best degree since the initial quarter of 2019.

Furthermore, in the 3rd quarter of this 12 months, the percentage of decline in apartment costs nationwide and in Seoul so much was 48.6% and 54.7% respectively, which is the optimum degree in the last 10 several years on quarterly foundation, extra Jikbang.

Jikbang said: “The current development in which the proportion of transactions to the downside raises as the quantity of transactions decreases can be interpreted as a signal that the changeover to a downturn in the apartment sector is underway. As a result, the decrease in trade and the decrease in trade will carry on for the moment ”.

/ yunhap news

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