Region 11 has a record increase in housing prices/ where to buy a house? – Tejarat News

According to Tejarat News, the central bank publishes a monthly report on the housing market developments in Tehran, in which the average housing price and the number of transactions are specified separately for each region.

According to this report, according to the past months, regions 5, 10, and 2 were the most demanding regions among the rest of the different regions, but regions 20, 21, and 17 had the highest demand growth; After them, there are areas 11, 13 and 8. Region 11 also had a record price increase with a 3.9% increase in December.

22 regions have often experienced price increases in different amounts, but regions 4, 12, 16 and 22 have experienced a downward trend in December. In the meantime, region 19 has had the largest decrease.

But one of the notable points in these statistics is that in some areas, despite the increase in demand, the average housing price in that area has decreased; While one of the drivers of the increase in housing prices can be seen as an increase in demand.

Increase in capital demand

Regarding the reason for this, Mansour Ghaibi, a housing expert, said in an interview with Tejarat News: This increase in demand does not mean an increase in consumer demand and is considered speculative. Probably close to 70 to 80 percent of these statistics recorded for the number of transactions were done with the intention of investing.

He added: This issue actually shows the weakness of the investment system as well as the weakness of the financial direction of the capital at the disposal of the people of the society. It also shows that there is no infrastructure and correct economic plan for cash capital in the hands of the people and they themselves decide to choose the investment field.

This capital market expert said: This issue can be seen in all economic dimensions, especially the housing market, and is considered one of the reasons for the price increase.

Ghaibi also said: Now, in most other cases, the consumer does not buy directly, and the brokers are forced to pay for his account. Meanwhile, dealers know when to enter the market, when to renovate units, and when to sell.

Which areas are suitable for shopping?

In general, you should choose areas for shopping where the number of transactions is high; This increases the liquidity of the unit during sale. Therefore, regions 5, 10 and 2, which have the highest demand statistics every month, seem more suitable for housing transactions.

Also, those who bought housing in November in District 11, due to its increase during the two months of November and December, now have more profit.

Of course, in buying a house, there are other things for people besides making a profit; Such as proximity to the workplace, cultural reasons and access to public transportation, which are among the criteria for choosing a home. In general, to buy a house in the best possible condition, all these dimensions should be considered.

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