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The division of real estate sellers / the recession of the real estate market deepened – Tejaratnews


According to Tejarat News, although the government claims that the price of housing has decreased due to the policies of this institution since the beginning of the year, but investigations show that the price of housing has dropped as a result of the deepening recession in the market and there is no news of transactions. Although this trend can also be seen as the result of government policies that have imposed recession on the markets.

In this way, not only the financial and capital circulation in this market has stopped, but the jobs related to the housing sector have also been severely affected. In this way, the government has blocked the entry of capital into this market with the ill-considered policies it has implemented in the economy and plunged the housing market into recession.

What is happening in the housing market?

Housing prices started to rise from the last months of last year, following the jump in the price of the dollar. This increasing trend caused the government to stop publishing the official data of the housing sector since the winter of last year with the aim of censoring the real statistics. In the absence of official statistics, the price of property increased more strongly and in some areas, the price was set according to taste.

The upward trend of prices in the housing market stopped when the growth of the dollar stopped, but it did not decrease. Sellers insisted on their desired prices in the summer season, and this caused the transactions to stop and the entry of capital into the housing market was blocked. In this way, the housing market spent the summer in a conflict between sellers and applicants without any of them retreating from their positions. The result of this trend was the deepening of the recession in the housing market.

Now, with the end of the housing season, the suppliers are divided. Some suppliers, who are real sellers and looking to cash in on their investment, have slightly reduced the price or are even willing to offer a discount. But some others who have invested in this sector and are not in a hurry to sell still insist on the previous prices and in this way have kept the average price high.

There is still a long way to go before the housing market enters the boom season, the stagnation of the markets, the stoppage of capital circulation in the economic sectors and high inflation, which has led to the reduction of people’s purchasing power, have driven real and consumer applicants from the housing market. We have to wait and see what direction the housing market will take in the second half of the year and whether the government will implement a policy to stimulate the housing market or not.

Read more reports on the housing page.

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