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8.35% of the house price this year↑… The largest increase in 14 years

Sejong City climbed 36% to 1st place, Seoul 10.7%
Jeonse also rose 6.5%, the largest in 9 years

View larger-It was found that this year’s national house prices jumped the most in 14 years since 2006.

According to the monthly housing market trend announced by KB Real Estate Liveon on the 27th, the nationwide home sales price in December rose 8.35% compared to the end of the previous year. It is the highest rate of increase since the 11.6% increase in 2006.

By housing type, apartments increased by 9.65%, singles by 3.87%, and coalitions by 6.47%. Apartments and singles are the highest in 14 years, and alliances are the highest in 12 years. By region, Seoul rose 10.7% this year. In particular, the rate of increase in house prices in 14 districts north of the Han River was 11.13%, higher than the rate of increase in 11 districts south of the Han River by 10.28%. Among the metropolitan metropolitan cities and provinces, including the metropolitan area, Sejong City was the city with the highest house prices, up 36.02% from the previous year.

In July, the nationwide house prices rose 0.88% compared to the previous month, but the rate of increase has decreased since then, but the balloon effect of the regulated area appeared and surged 1.43% in November. In December, the increase was slightly reduced from November, but it was still 1% at 1.36%. Jeonse prices also rose by 6.54% from the end of the previous year, the largest increase in nine years after 12.3% in 2011. By type, apartments rose 7.52%, singles rose 2.96%, and coalitions rose 5.61%. The jeonse price in Seoul rose 10.15%. Jeonse prices, which had been stable, including a decline last year, increased after the revised Housing Lease Protection Act (Lease 2 Act) was fully implemented in July this year, and in November showed a sharp rise to 1.68% from the previous month. In December, it also rose 1.1%.

Both the cheonsei price and the trading price increase decreased from the previous month in this month, but expectations that the cheonsei price and the trading price will increase continues. The sales price forecast index was 125 nationally, the highest since the statistics were collected in 2013 again following last month (122). Seoul also rose from 115 to 124 last month. As the jeonse price surged and the balloon effect continued, expectations for an increase in trading prices appear to continue. As for the jeonse price forecast index, Seoul was 133 and nationwide was 141. The price forecast index is expressed as an index in the range of 0 to 200 by asking the prospect of whether the local price will rise or fall for KB Real Estate’s 4,000 brokerages nationwide. The higher the index exceeds 100, the higher the proportion of’upward’ prospects.

Reporter Lee Sae-sam [email protected]Go to reporter page>

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