[Economy pick] 700 million house and 1.4 billion house...'Transfer' Led By Buying

[Anchor]
Let's look at the third keyword.

700 million homes sold and 1.4 billion homes...It's a 'transfer' led by buying.

Are you referring to the recent real estate market trend?

[Reporter]
This is about the housing market in Seoul this year.

Specifically, this is the result of analyzing 30,000 funding plans for Seoul home buyers.

From January to July this year, 63% of people who bought homes in Seoul sold their existing homes and bought new ones.

The average price of the house bought through 'transfer' was around 1.4 billion won.

The disposal amount of the existing real estate was 700 million won.

In summary, it can be said that they sold a relatively inexpensive house and transferred to a 'upper place'.

These transactions were mainly concentrated in Mapo, Yangcheon-gu, and Seongdong-gu.

[Anchor]
The price of my new home is twice the price of my old one, did I get a loan for the rest?

[Reporter]
Yes, let's take a look at the source of the funds.

The average mortgage amount was nearly 500 million won.

The rest were found to have been covered by selling deposits, installment savings, and stocks.

500 million won in loans is a big amount.

Considering that interest rates are still high, there was a lot of demand to change even if it was too much.

[Anchor]
Then, will this trend continue in the future?

[Reporter]
Stressed DSR Phase 2 to effectively tighten lending limits since last month,
The
banking sector also raised the threshold for loans in many ways.

As a result, the rise in apartment prices in Seoul has declined and transactions have decreased.

According to experts, most of them evaluated it as a "breath-taking" market.There is still a lot of demand to transfer to

{upper place', but the wait-and-see attitude is unfolding due to fatigue caused by a short-term surge.

If commercial bank interest rates, which have yet to budge after the Bank of Korea's base rate cut, fall in the future, buying sentiment is likely to revive.