How much was housing inflation in April 1402? / The property market is in the trap of price jumps – Tejaratnews
According to Tejarat News, although the Statistics Center and the Central Bank have been silent about developments in the housing market and rising prices since the fall of last year, analysts of this market believe that the average housing price in Tehran has reached 60 million tomans per square meter by this month. Is. With the beginning of the buying and selling season in June this year, these prices will increase.
The situation in the rental market is even more critical. Tejarat News’ field investigations show that the growth of rent in Tehran has progressed to such an extent that it has become difficult for people to rent a small apartment in the southern areas of Tehran. Now, with a mortgage of around 100 million tomans and a monthly rent of five million tomans, it is difficult to find a suitable residential unit for a family of three to four people.
This is despite the fact that this year the basic salary of the workers has been announced as around seven million and 900 thousand tomans; It is said that normally, households have to pay one third of their monthly income for housing expenses, which will be about two million and 700 thousand Tomans according to this year’s salary of the workers.
The rising trend of housing inflation
Meanwhile, according to the report of the Iranian Statistics Center, the annual inflation rate increased to 47.6% in April 1402, which is the highest figure in the last 10 years. Also, the point-to-point inflation rate is 55.5%. Meanwhile, the figures related to housing sector inflation, including property prices and rents, are interesting.
According to the latest report of the Iranian Statistics Center, the monthly housing inflation was equal to 1.9 percent. At the same time, point-to-point housing inflation was announced at 39.1%, and annual inflation in this sector reached 33.9%.
Lease price jump in April
An interesting point, however, stands out in the rent inflation section; According to the report of the Iranian Statistics Center, the monthly rent inflation was only 1.8%! Also, point-to-point inflation has been announced at 38.9%. This means that in April this year, people paid only 38.9% more rent than April 1401. While the reality of the rental market is in clear contradiction with these numbers! The Statistics Center has also announced the annual rent inflation of 33.7%.
Although economic experts call the announced numbers nominal and believe that these numbers are much lower than the concrete realities, these numbers also indicate that people are caught in the housing crisis trap.
Meanwhile, the Ministry of Roads and Urban Development, as the custodian of the housing sector, is silent on the eve of the crisis in the displacement season, and in partnership with the parliament, the same repeated and ineffective plans of the past, such as determining the ceiling for rent, taxing empty houses and cases of It prescribes this hand.
Read more reports on the housing news page.