Haeundae Apartment Price Decline Reversed, led by Busan House Price Rise

This January 4 consecutive weeks of growth fell 0.01% in the first week of February at the end of 0%

Expert ” Impact of falling factors such as rising interest rates…

Apartments in Haeundae

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(Busan=Yonhap News) Jojang Ho reporter = Busan Haeundae apartment sales prices have fallen, which have been rising for more than a year.

On the 10th, Busan apartment sales prices rose 0.01% in the first week of February(as of the 7th), according to the Korea Real Estate Agency.

Busan apartment prices, which rose by 13.59% last year, rose by 0.01 to 0.02% every week in the New year, virtually maintaining the level of compensation.

If you look at the fluctuations in apartment sales by region, the Won City Center, Haeundae-gu, and Yeonje-gu fell.

Haeundae, which led the rise in Busan house prices last year, fell 0.01% this week following four consecutive weeks of 0% growth from the second week of January.

Jung-gu(0.02%), Seo(0.01%), Dong-gu(-0.04%), Yeongdo-gu(-0.02%), and Yeonje-gu (0.02%) also fell.

Busan apartment charter prices rose 0.01% from last week.

“There are many downward factors in terms of real estate, such as rising interest rates, and it is likely that house prices will stabilize downward, but there are also temporary upward factors due to expectations for a new government following the presidential election, so there will be a ‘battle of interest’for some time.”

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