* Translated by AI

Starnews

[Real Estate] Broad-based Rise

Published:

Chae June

*This content was translated by AI.

The real estate market is recording a broad-based upward trend.

According to data from Real Estate 114, the national apartment transaction prices rose by 0.13% in the fourth week of June.

Seoul rose by 0.14%, and Gyeonggi-Incheon rose by 0.17%, pushing the metropolitan area up by 0.16%. Outside the metropolitan area, the five major metropolitan cities recorded a 0.02% increase, and other local areas recorded a 0.04% increase. Based on the 17th provinces and cities nationwide, 12 areas saw increases and 5 saw decreases, highlighting an upward trend.

National apartment rental prices rose by 0.14%. Seoul rose by 0.15%, and Gyeonggi-Incheon rose by 0.18%, pushing the metropolitan area up by 0.17%. The five major metropolitan cities and other local areas rose by 0.06% and 0.08%, respectively. It is confirmed that increases occurred evenly across all 17 provinces and cities nationwide.

Recently, the Lee Jae-myung administration has been preparing for the "National Real Estate Roundtable" while also signaling its policy resolve with strong rhetoric such as "Stop talking, just supply." Considering that three ultra-strong measures have been implemented under the current administration, it is judged that the policy effects have not been significant.

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*This content was translated by AI.

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