Seoul's housing market is experiencing simultaneous increases in sale prices, jeonse and monthly rents despite government efforts to curb home prices. Overall jeonse prices rose 5.91% in the first eight months of the year, the fastest increase over that period in 15 years, while apartment jeonse gained 7.35%. Monthly rents climbed 5.65%, a record for the data series that began in 2016, and apartment rents rose 6.69%. The rental market has increased for 39 consecutive months through August, with pressure spreading from apartments to low-rise multi-unit housing and detached homes. Analysts say tenants unable to absorb higher lease costs are being pushed toward survival buying, helping drive demand in more affordable Seoul districts and nearby Gyeonggi cities. Seoul apartment sale prices rose for an 85th consecutive week by the third week of September, while prices in eight relatively lower-priced districts gained 9% to 14% cumulatively during the year. Nam Hyuk-woo of the Woori Bank real estate research institute said stabilizing the rental market was the top priority for containing home prices.