Housing market investors should read / We will not buy a house until 1405?

According to Tejarat News, the average housing price in Tehran is still 31 million Tomans. But house prices in regions 3, 4, 6, 9, 10, 11, 12, 13, 14 have decreased.

Already last month and the month before, the upward trend of prices in some areas of Tehran stopped and even prices in some areas fell slightly.

But is now the right time to buy a home and is investing in housing profitable? The answer of statistics and experts to this question is no. Because the latest report from the central bank shows that housing efficiency has reached one-fifth.

Is it time to invest in the housing market?

According to new housing market statistics, the average price of a square meter of housing in Tehran is still 31 million tomans, and even housing prices in some areas are still rising. But the efficiency of the housing market has dropped significantly. Housing efficiency in Froudein 1400 was about 92%. But in October this year, it reached 18.5 percent.

This means that the profitability of the housing market has been 92% from April last year to this year. But if a person entered the housing market in October last year, this October has only made a profit of 18.5 percent. One-fifth of the first person.

This statistic alone shows that the efficiency of the housing market has decreased like other markets. Less than the inflation rate.

An important parameter for buying a home

But what do experts say about this? Market experts also say that the housing market will sooner or later enter a period of stagnation and may now be.

“There is a simple parameter about housing,” says market expert Mehdi Souri. A parameter that indicates when it is time to enter the housing market.

According to this expert, whenever you see the middle class and employees buying a 60- to 70-meter apartment in an average area by taking a loan that they can repay through their salaries, that period is the time for a comprehensive jump in housing prices.

In this situation, if a person wants to buy a housing unit for the use of himself and his family, without any doubt, he must buy housing now in this period. Even by selling all your savings and capital.

If a person wants to invest in the real estate market, he must pay attention to exactly this parameter. That if everyone is buying a home, the best time to buy a home is to invest in the housing market.

According to Suri, the best time to enter the housing market was probably in 1995 and 1996. When many people could pay at least half the price of a house in an average area of ​​Tehran by taking a mortgage of 120 million Tomans.

But according to the parameter mentioned by Suri, now is not the right time to enter the housing market. At least as an investment.

According to this expert, in the current situation, housing prices may continue to rise and rise slightly, but the important thing is that the return of the housing market has long been lower than the rate of inflation and the return of the housing market is negative.

Housing entering the 5-year recession?

Ali Saadvandi, another economist, told Tejarat News that housing prices have been stabilizing for some time now. But as long as housing prices stabilize, a slight increase in prices is normal.

Saadvandi says the housing market has been in a recession for some time. This time the recession is longer than before. According to him, in the past, the housing recession was a period of two to three years, but this time, the housing recession is probably four to five years.

He emphasizes that almost all housing market experts believe that the housing market has entered a period of stagnation since 1999, and if prices rise, then earthquakes are normal. But housing growth is lagging behind inflation.