Housing prices in Seoul sharply rose last month despite the government's announcement of a new anti-speculation policy on October 15.
The Korea Real Estate Board announced Monday that home sale prices in the capital city jumped one-point-19 percent in October compared to the previous month.
The on-month gain is more than double the zero-point-58 percent increase recorded in September.
Homes along the Han River led the gains, including a three-point-01-percent rise in Seongdong District, two-point-21 percent in Mapo District, and one-point-93 percent in Gwangjin District.
Increases were also observed in areas with a push for redevelopment, such as a redevelopment-seeking zone in Yangcheon, where prices rose by two-point-16 percent.
On-month gains also expanded nationwide from zero-point-09 percent to zero-point-29 percent, as well as in the capital region from zero-point-22 percent to zero-point-six percent.
The value of lump-sum deposit "jeonse" arrangements nationwide rose zero-point-18 percent in October, while monthly rent increased zero-point-19 percent.