The monthly drop in housing liquidity hit a record + chart

According to Tejarat News, quoted by Economy Newsaverage cost Housing In the first month of summer, Tehran reached 41 million and 705 thousand tomans. Compared to the previous month, this index has grown by 5.8%, thus registering positive monthly inflation for the third consecutive month.

But the point that can be analyzed more in this month is the trend of liquidity entering the market Housing It is Tehran.

Record monthly drop in liquidity in Tehran

According to the data of the Central Bank, the average square footage traded in the housing market was 85 square meters. The product of this figure in the number of transactions and the average price of transactions in Tehran shows the downward trend of the amount of money transferred in Tehran housing.

While this index was roughly equal to 46,480 billion Tomans in the previous month, it can be said that the monetary variable of housing has registered a 21.5% drop in July 1401.

The comparison of this variable at the beginning of July with its similar periods in previous years shows that this was the largest monthly drop in the total value of real estate transactions in Tehran in a 5-year period.

The decrease in liquidity in this market can be attributed to the high drop in transactions Housing Tehran attributed. At this point, the number of transactions has decreased by 25.8%, which, considering the growth of prices, can be more related to the decrease in supply in the housing market. Or in other words, the purchase demand is greater than its supply in the market.

However, the high level of the number of transactions and the average price in the housing market has caused the amount of liquidity entered into the Tehran housing market to be still high. In the last three months, this index has registered more than 30 thousand billion tomans and its point growth has been above the 100% mark.