Daegu apartment sale prices rise for first time in 132 weeks

Apartment sale prices in Daegu have rebounded for the first time in more than two years, data showed Thursday.

According to the Korea Real Estate Board's weekly apartment price trend report released Thursday, Daegu apartment sale prices rose 0.01 percent from the previous week as of June 8.

The increase marks the first upturn in 132 weeks, ending a prolonged decline that began after prices rose 0.03 percent in the second week of November 2023.

By district, Jung-gu and Dalseo-gu posted gains of 0.11 percent and 0.05 percent, respectively, while Dong-gu, Seo-gu, Nam-gu, Buk-gu, Suseong-gu and Dalseong-gun were flat or edged down from the previous week.

Among jeonse prices, Dalseong-gun recorded the largest increase at 0.07 percent, followed by Jung-gu at 0.05 percent and Buk-gu and Suseong-gu at 0.01 percent each.

The remaining districts were unchanged or edged down from the previous week.

In North Gyeongsang Province, apartment sale prices fell 0.03 percent from the previous week, while jeonse prices fell 0.02 percent.

Nationwide, apartment sale prices and jeonse prices rose 0.10 percent and 0.12 percent, respectively, from the previous week.