Good news for tenants / rent brake was pulled? – Tejarat News

According to Tejarat News, the rent growth has decreased since the beginning of October this year.

The rental market in the months of November and December 1401 has experienced a less upward fluctuation compared to October. This November, the monthly rent growth rate in Tehran was 4.1% according to the central bank index and 3.7% in the whole country according to the statistics center. The mentioned figures were announced in October as 7% and 6.1%, respectively. Based on this, monthly rent inflation has been reduced.

Also, point-to-point inflation of rent in the whole country, which shows the price growth compared to November of last year, was 39.1% and in the 12 months ending in November of this year, it was 31.3%. In November 1401, in Tehran, point-to-point rent inflation was recorded at 39.8%.

In general, the monthly growth rate of rental rates in the whole country is 2.5% in May, 2.3% in June, 3.8% in July, 2.9% in August, 3.5% in September, 6.1% in October and 3% in November. 7 percent was announced.

Statistics and figures explain that although the rental market has declined compared to its peak in October, price growth continues at a slower pace than before. Factors such as the backwardness of the rental market compared to the increase in housing prices, general inflation, the decrease in construction and the pressure of demand for housing have led to rental inflation.

Field surveys from Tehran show that with the decrease in displacement in recent weeks, the rate of growth of the proposed rental rates has decreased. Of course, most of the existing apartments are old and sometimes do not have complete facilities. Also, most of the files are large and the market is facing a shortage of small apartments.

Abdul Jalal Iri – Spokesman of the Parliament’s Construction Commission said: Despite the passing of the tenant transfer season, we are still witnessing the growth of rent, and this has put additional pressure on families, especially the low-income groups. Of course, the economic fluctuations and the expectation of inflation, which has drawn many funds to this market, is an important driver for the growth of house prices. Therefore, controlling inflation as an important and effective factor in housing prices should be considered by statesmen and the economic team of the government.

This representative of the Islamic Council added: One of the ways to control the rental market is to refer to the basic definitions of the economy and establish a balance between supply and demand, and this will only be achieved by increasing the supply and production of buildings, the quality and quantity of which is completely in the law of jump and production of housing. forecasted.