Housing prices in Tehran, August 15, 1401, 3 factors of housing price growth
According to Tejarat News, quoted by Young reportersBased on field observations in different areas of Tehran, we see different prices according to the facilities around the house and its location.
In this report, one case from the 22 districts of Tehran House price We collected with the building life between 1 and 30 years and the area between 40 and 200 meters.
Note that the prices are in Tomans per square meter and are approximate, because House price In Tehran, it changes according to the type of building, facilities, street or owner’s opinion.
3 factors of housing price growth
Nineteen, nine and thirteen regions had the highest price growth in July. In the first month of summer, Panj district, as the most traded district of Tehran, experienced an eight percent increase in prices.
Quoted from Eco IranThe growth of prices in the housing market continues, but the summer housing market is not as prosperous as the spring market, and according to the statistics of the Central Bank in the first month of summer, the average price of traded houses in the capital increased by 5.8% to 41.7 million tomans per square meter is reached.
Activists of the housing market believe that the increase in the desire to invest in the housing market of Tehran caused this sector to face three consecutive price increases of 6.1%, 8.4% and 5.8% in the last three months. According to housing economics experts, the effect of inflationary expectations, growth in the price of construction materials, and the effect of non-economic risks on the housing market cannot be ignored in the growth of prices. It seems that due to the relative stability of the exchange rate, the drop in the stock market and the decrease in car prices, some of the funds have gone to the housing market in order to maintain the property value.
According to the activists of the housing market, the decrease in transactions in consumer areas shows the dominance of capital purchases over consumer purchases in the housing market.
The housing market recorded a 5.8 percent monthly price growth in the last month, with the increase in region 1 by 3.2 percent, region 2 by 7.9 percent, region 3 by 9.2 percent, and region 4 by 3.2 percent. 3.8 percent, district 5 as the most transactional district of Tehran was 8.1 percent, district 10 was equal to 7.2 percent, district 14 was equal to 3.1 percent and district 15 was equal to 8.1 percent.
Among the 22 districts of Tehran, the number of transactions belonged to district 5, which accounted for 14.6% of the total purchase and sale contracts. The second place belongs to region 2 with 9.3%, the third place belongs to region 4 with 8.8% and the fourth place belongs to region 10 with 8.4% of all transactions. Meanwhile, in May of this year, Region 10 had the second place in terms of the number of transactions, which reached the third place in June. It is currently in fourth place.