100 million tomans per square meter of house in district one! / The housing market grew again – Tejaratnews
According to Tejarat News, the Central Bank’s report on the average housing price in December was published yesterday, which shows that the average housing price and the number of apartments traded in this month have also increased. In the same solution, checking the details of transactions indicates that like last months, regions 5, 10 and 2 had the highest demand among the rest of the regions.
How much did the price grow?
According to the report of the central bank, the average price of housing in December has reached 48 million and 73 thousand tomans, which has experienced a growth of 2.9 percent compared to November. It should be mentioned that in November, the average housing price in Tehran was 46 million and 700 thousand tomans.
At the same time, housing has experienced a 47.5% price increase in December of this year compared to December of last year.
It should be noted that 46.1% of transactions this month were allocated to residential units with a value of less than three billion tomans.
How many residential units were traded?
The Central Bank report indicates that the number of residential apartments traded in December last year increased by 27.2% compared to December this year and by 2.4% compared to the previous month, November this year.
Based on this, during December this year, 10,184 residential units have been traded in Tehran. This is despite the fact that during the month of November, the number of transactions was 8,500 residential units.
What are the characteristics of popular units?
On the other hand, unlike the previous months, when the desire to buy houses over 20 years old was more, this month the largest share belongs to the units under five years of construction with a share of 29%, which decreased by 2.4% compared to December of the previous year, and in contrast The share of units with a longer lifespan in the groups of 11 to 15 years and more than 20 years has been increased.
Which regions have the largest share of transactions?
According to the practice of recent months, region 5 still has the highest number of contracts with a 15% share of all transactions. According to the statistics of the Central Bank of the number of housing transactions, districts 10 and 2 are also next. Region 19 is at the lowest level with 60 transactions.
How much did the rent increase?
The index of rental housing in Tehran has increased by 2.5% compared to the previous month and by 3% compared to the entire urban areas, and has increased by 41.3% and 46.4% respectively compared to the previous month.
How much did the price grow in the city areas?
It should be mentioned that among the 22 districts of Tehran, district 1 had the highest average price with 99 million and 410 thousand tomans and district 18 had the lowest average price with 24 million and 489 thousand tomans in December.
It seems that the increase in inflation and the number of transactions in this month has caused housing prices to increase again. More desire to buy houses below 3 billion also shows the decrease in people’s purchasing power.
In general, the growth of the dollar price in the past few months has shown its effects on the housing prices in Azarmah and all its sectors have faced growth. On the other hand, it seems that some investors are migrating from some parallel markets to the housing market.
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