House prices forecast for first half of next year, gains outweigh declines

It was found to be more dominant than the forecast that home sales prices will rise in the first half of next year.

According to R114's survey of 1,306 people nationwide between the 6th and 18th, 32.0% of the respondents predicted that housing prices will rise in the first half of next year, and 25.0% predicted that they will fall.

As a result, the outlook for house price growth in the next half of the year has prevailed over the prospect of a decline for three consecutive quarters since last year.

Among the reasons for the upward outlook were "rising apartment prices in key areas" at 32.7%, followed by the possibility of further cuts in the benchmark interest rate and the influx of real-demand groups, mainly for urgent sales.

As for jeonse prices, 43.4% of respondents expected an increase of 2.6 times more than expected, with 37.6% of respondents expecting demand for jeonse to increase due to weak buying sentiment.