Apartment prices in Gyeonggi Province rose 0.20% in the first week of November, outpacing Seoul’s 0.07% increase by 0.13 percentage points. Gyeonggi has recorded faster weekly gains than Seoul for eight consecutive weeks, while private tracker KB Real Estate shows four straight weeks of outperformance. All 10 of the week’s fastest-rising areas were in Gyeonggi, led by Yongin’s Giheung District at 0.60% and Gunpo at 0.57%. Gunpo recorded a 2.24% monthly gain, and an apartment there sold for 835 million won ($579,000), reflecting stronger demand in previously overlooked, unregulated areas. The momentum remains concentrated in southern Gyeonggi’s semiconductor belt but is spreading to other non-regulated districts, including Hwaseong’s Byeongjeom, Bucheon’s Wonmi and Uiwang. Seoul’s weekly growth has slowed from 0.16% to 0.13%, 0.09% and 0.07% over the past month. Prices in Gangnam and Seocho have declined for 13 consecutive weeks, while Songpa has fallen for nine weeks. Analysts link the shift to buyers and tenants moving outward from southern Gyeonggi’s semiconductor-linked markets as purchasing power weakens, while policy uncertainty, including possible tax changes, keeps buyers cautious in Seoul. A prolonged shortage of jeonse and monthly-rental listings is also supporting purchases by actual demanders in non-regulated areas.