Housing prices today, November 3, 1401/ sellers do not have motivation to sell – Tejaratnews

According to Tejarat News, House price Today, November 3, 1401, the description is as follows.

According to the economic world, Tehran’s housing market has recently faced a decrease in the number of sellers following a noticeable decrease in the number of buyers in most of the consumer neighborhoods in the last month. Although a number of new listings are added to search engines every day, the rate of increase in supply has slowed down significantly and the number of new apartments being advertised each day is very small.

Reducing the number of housing in the sales market

The conditions of the real estate market are currently such that the previous sellers still have no intention of withdrawing from the sale, but the new sellers also have no motivation to enter the market, because they know that in the current stagnant market they have to spend a lot of time waiting to sell their unit. In this way, the housing sales line in Tehran has not been longer in the last few weeks, but at the same time, a small number of sellers are still putting their apartments on the market, and the process of increasing the number of files continues at a snail’s pace.

The recent unrest has affected the normal course of the housing market and has reduced the desire to seriously participate in this market, and this has caused the number of housing applicants searching in the market to decrease compared to the summer. In the meantime, the behavior of the applicants and their temporary withdrawal from the market has also affected the behavior of the sellers and reduced their motivation to supply.

Activists of the housing market believe that in this market, regardless of macro variables such as the non-economic variable risk situation (negotiations to lift sanctions), what can immediately affect the volume of transactions and reduce the depth of the recession is the access to messengers that people prefer to attend. they give.