Oreumse's "Ju-Dance"...Seoul, National Housing Prices Cut for the First Time in 10 Months [Anchor Report]

Construction apartments are wriggling again ahead of reconstruction, which seemed to be losing interest in the popularity of new apartments.

In August, Hyundai Apartment in Apgujeong-dong, Gangnam-gu, Seoul sold for 7.18 billion won, surpassing the previous high.

The apartment complex 6 in Mok-dong, Yangcheon-gu, Seoul, also recorded a new price last month.

In the first week of this month, the price of apartments that have been built more than 20 years ago in Seoul rose 0.11%.

This contrasts with a 0.07% increase in new construction, which has not been completed for less than five years.

The transaction volume of apartments in Seoul is similar.Sales of apartments less than 10 years old in

declined in the third quarter, but the number of apartments more than 30 years old is steadily increasing.

Analysts say that the popularity of built apartments is due to the government's easing of reconstruction-related regulations.

However, unlike popular areas such as Gangnam and Ma Yongseong in Seoul, Nowon-gu and Eunpyeong-gu have few transactions, resulting in polarization.

Meanwhile, housing prices across the country, including Seoul, are slowing down.

In both Seoul and the country, the monthly increase in house prices fell for the first time in 10 months from the previous month, and the slowdown in the increase is expected to continue for the time being.