Retake No. 1 apartment transaction volume, beating those in their 40s and 30s...Aftermath of loan regulations

2024.11.03. AM 09:42
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The big hand in the nationwide apartment transaction has changed from 30s to 40s in six months.

According to the state of apartment sales transactions by age group in September compiled by the Korea Real Estate Agency, the proportion of transactions in their 40s was 26.9%, outpacing those in their 30s, which accounted for 26.6%, the highest proportion in all age groups.

This appears to have been more affected by those in their 30s, who are relatively reliant on loans, as the second phase of stress DSR has been implemented since September, and commercial banks have raised lending rates and restricted loans from homeowners.

On the other hand, the proportion of transactions under the 20s using the so-called "parent chance" accounted for 3.6% of the national standard, the highest since February this year.

The nationwide apartment transaction volume fell from 54,700 in July this year to 47,900 in August, and to 39,300 in September.



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