The impact of falling dollar prices on the housing market

According to the reporter Economic observation, The problem Housing the door ایران It has become one of the oldest problems of the people and the country, and in 1999 we witnessed several record-breaking events in this sector. According to the latest survey, a Tehran household must save about 110 years to become a housewife in order to be able to buy a residential unit at today’s price (not the price of 1510 AD).

** With the dollar falling, House price Will be reduced?

The housing market has been in a deep recession for weeks, and housing experts believe that the decline in people’s purchasing power and the fall in the value of the dollar, as well as the Vienna talks, are among the reasons for the severe recession in the housing market. 8% drop in prices Dollar In the months of April and the beginning of May 1400, along with the reduction of price excitement, the housing market has been affected by both supply and demand.

An examination of the historical trend of the housing market shows that in general, due to the nature of delay, the market reacts late to changes in other markets, but now, due to sharp fluctuations in economic markets, the housing market has abandoned this age-old tradition and reacted early.

According to field surveys, a few days after the collapse of economic markets, non-consumer demand in the real estate market also reacted and the decline of markets such as coins and dollars following the announcement of the results. US elections It has also been reflected in the housing market, and now it has forced speculators and individuals who, with the fever of investing in these markets, have become more likely to raise prices further.

** Is the housing market coming out of recession?

Mostafa Gholi Khosravi, President of the Union of Real Estate Advisors, announced the beginning of the decline in housing prices and said: “If the downward trend in prices in parallel markets continues, housing prices and construction materials will also decline and is expected in the near future.” The housing market will emerge from the recession and enter a boom.

He also added that the price of the apartment is the same Price increase Dollar It will increase, but the fall in the price of the dollar will not immediately lead to a decrease in the price of housing, and the reason for this resistance in the market is the expectation that the price of the dollar will return to an uptrend.

The head of the country’s real estate consultants’ union stated that “actions Government Declining dollar prices could affect housing prices and continue to do so Growth “Prevent prices in the housing market,” he said. To offer.

** Housing price outlook

According to this report; Housing market experts believe that by making positive changes, the trend will decrease Inflation Hidden in the housing market means a reduction in the bid price of property owners or the price of sales files, along with a reduction in the price of currency, the final price of housing units will be adjusted; Therefore, this year we can expect that the minimum housing price will not increase, but we will also face a decrease in prices.

Samira Asgari