A Modest Retreat: Seoul Housing Prices Ease Slightly
After months of stubborn resilience, Seoul’s notoriously expensive housing market has finally shown a hint of softening. This month saw a slight dip in average apartment prices, offering a glimmer of hope for prospective buyers who have long been priced out of the market. While the decrease is modest, it marks a significant shift in the trend, raising questions about the long-term sustainability of the city’s sky-high real estate values.
Breaking Down the Numbers: The Extent of the Dip
The reported decrease in average prices sits around 0.2%, a seemingly small figure.