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Seoul Housing Surge Hits New High | South Korea News
Seoul’s apartment prices have surged for 85 straight weeks — a new record — with values up over 16%, double the previous peak. The climb, which began in January last year, is fueled by consistent small gains and now includes outer districts like Seongbuk and Jungnang, shifting away from Gangnam’s past dominance. Compounded by holiday reporting gaps, this streak actually reflects 83 published updates. Unlike the Moon Jae-in era’s 7.7% rise over the same period, today’s surge is hitting harder across sale prices, jeonse deposits, and rents — creating a triple threat of housing insecurity unlike…
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