House prices in 2025. ”Status in the metropolitan area, decline in regional areas” expected

It is predicted that national house prices will decline by 1.0% next year.

According to the Korea Construction Industry Research Institute (KCCI) on the 12th, the real estate market next year is unlikely to show the same price increase as the first half of this year due to loan regulations and the economic slowdown. “Market sentiment has recovered significantly compared to the beginning of the year, but prices are still at a burdensome level compared to the past,” said Kim Seong-han, an associate researcher at the Korea Institute of Construction Industry. “It will be difficult to show the level,” he said. In particular, the metropolitan area, which has high consumer preference, is expected to maintain a strong trend next year with an annual increase of 1.0%, but the decline in regional areas is expected to be greater than this year, with an annual decline of 2.0%.