Seoul Sales Price Forecast Index Dominates 'Downward Prospects' For First Time In 7 Months In November

This month, Seoul's trading price forecast index turned downward.

According to KB Real Estate's monthly housing statistics for November, Seoul's sales price forecast index turned downward for the first time in seven months to 94.

Ulsan was 107 and Jeonbuk was 100, exceeding 100, but the rest of the region, including Gyeonggi, Incheon, and Gwangju, were all below 100.

The KB Real Estate Price Outlook Index surveyed 6,000 real estate agents nationwide to see if prices in the region will rise or fall, which means that the higher the index exceeds 100, the higher the proportion of expecting an increase.

KB Real Estate's survey also detected a slowdown in the price increase of apartments nationwide.

The KB Real Estate Leading Apartment 50 Index, which shows the market capitalization index and fluctuation rate of the top 50 apartment complexes nationwide, rose 0.63% from the previous month, rising for the ninth consecutive month since March, but the increase was reduced.