Why did the price of mortgages decrease? – Tejarat News
According to Tejarat News, the slowdown in transactions and the decrease in housing prices have apparently led to a decrease in the demand for housing loans. Today, the price of each score sheet of housing facility bonds (tse) of 1400 is equivalent to 87 thousand and 90 tomans, bonds of 1401 are equal to 88 thousand tomans and 1402 is equivalent to 87 thousand and 800 tomans.
Based on this, married people living in Tehran have to buy 1,600 sheets of facility bonds in addition to 160 million tomans for a loan of 320 sheets to receive a loan of 800 million tomans, which costs 168,576,000 tomans at a price of 87,800 tomans. On the 20th of August, the price of each tse leaf in 1402 was equal to 89 thousand 900 tomans, which indicates a 2.4% drop in the price of each tse leaf.
Tehrani singles can also receive 400 million tomans in purchase loans plus 160 million tomans in Jaala facility, with this account they have to purchase 800 sheets for purchase loans and 320 sheets for Jaala, totaling 1,120 items. Therefore, they have to pay 98 million and 336 thousand tomans.
The ceiling of this facility for provincial centers and cities with a population of more than 200,000 people has reached 320 million tomans for singles and 640 million tomans for couples.
Considering that single people have to buy 640 and married people living in these cities have to buy 1280 housing facility cards, single people have to pay 56 million and 192 thousand tomans and married people have to pay 112 million and 384 thousand tomans.
Housing market stagnation in Tehran
Several signs indicate the deepening of the stagnation of the housing market in Tehran and the creation of expectations of a decrease in this market; The recession that the head of the Real Estate Consultants Union has also acknowledged and attributed to the unreasonable growth of prices in the last months of last year.
Although the fall of the real estate market may be associated with complications for the financial circulation of the housing sector, it has also brought good results. Among these benefits, we can mention the reduction of up to 20% in the proposed rates, the creation of lower expectations, the migration of investors from the north of the city to the southern areas and worn-out structures, and the hope of real applicants to buy housing in the medium term.
One of the signs of a slowdown in the housing market is a significant increase in sellers and the departure of buyers. The conditions are such that many real estate brokers fail to sell the files in their possession and sometimes they try to use all the capacities to advertise advertisements below the price.
Source: ISNA