From BigGo Finance · BigGo Finance · · 1m
Seoul Apartment Prices Surge 0.80% in September
Seoul apartment jeonse prices jumped 0.80% in September, the steepest gain in 11 years.
In brief
Seoul apartment jeonse prices jumped 0.80% in September, the steepest gain in 11 years. Seoul apartment jeonse prices rose 0.80% month-over-month in September, the biggest increase in 11 years. Originally reported by BigGo Finance.
Seoul Apartment Jeonse Prices
Seoul apartment jeonse prices rose 0.80% month-over-month in September, the steepest increase in 11 years.
Nowon-gu Leads Gains
Nowon-gu apartment jeonse prices jumped 1.66%, more than double the Seoul average.
Gangbuk-gu, Jungnang-gu, Geumcheon-gu Rise
Gangbuk-gu, Jungnang-gu, and Geumcheon-gu all climbed over 1% in jeonse prices.
Jeonse Listings Fell 15.8%
Seoul apartment jeonse listings have fallen 15.8% since last October's real estate measures.
Monthly Rent Climbed 0.93%
Seoul apartment monthly rent prices climbed 0.93%, the fastest pace nationwide.
Gyeonggi and Incheon Prices Rose
Jeonse prices in Gyeonggi and Incheon each rose 0.67%, intensifying housing cost burdens.
Sales Prices Rose 0.74%
Seoul apartment sale prices rose 0.74% in September, bringing the year-to-date gain to 8.32%.
The key point
Seoul apartment jeonse prices rose 0.80% month-over-month in September, the biggest increase in 11 years.
