Apartment markets in Byeongjeom, Hwaseong, and Dasan, Namyangju, have accelerated after adjacent Dongtan, Giheung and Guri were designated regulated zones on July 1, with demand shifting toward nearby areas facing lighter restrictions. In Byeongjeom-dong, an 84 square meter unit at Byeongjeom Station IPARK Castle traded for 925 million won on the 11th, up 155 million won, or 20.1%, from a same-sized unit that sold for 770 million won on June 30. In Dasan, an 84 square meter unit at Dasan Lotte Castle rose from 1.05 billion won on June 27 to 1.14 billion won on the 8th, while 82 square meter units at Dasan Bando U.Bora Maple Town increased from 898 million won to 998 million won over a similar period. Transaction volume and market share also rose: Byeongjeom District recorded 463 apartment transactions in July, up 13.5% from 408 in June and the highest monthly total this year, while the combined share of Gyeonggi apartment transactions accounted for by Byeongjeom District, Suwon Gwonseon District and Namyangju increased from 11.68% in June to 15.9% in July. At the same time, listings contracted, with Byeongjeom District inventory falling 13.3% from 1,796 on July 1 to 1,558, and Namyangju listings dropping 8.6% from 9,203 to 8,417. The Korea Real Estate Board's data showed apartment sale price growth in Byeongjeom District accelerated from 0.99% in the month before the designation to 1.31% in the month after, while Namyangju's rose from 0.62% to 0.97%, even as Gyeonggi Province's overall growth rate eased slightly from 0.78% to 0.76%. Kim Hyo-sun, senior real estate specialist at KB Kookmin Bank, described the move as a balloon effect as demand migrates to areas with relatively lower price appreciation and no regulations.