The future of the housing market and its most important variable, namely the price trend, was examined through a survey of 18 economists and housing market experts. Before addressing the fate of the real estate market in the remaining months of the year 1405, it is important to analyze the events that occurred in the past months of the current year. The average 'seller price' in the Tehran housing market has increased by 76% since the beginning of the year, and the point inflation rate for real estate has reached 135%. Although this rate is lower than the annual returns of all parallel markets, it indicates that the speed of apartment price increases compared to last year has significantly accelerated. In this survey, the primary driver of housing prices was identified among three factors: 'dollar leap, inflation expectations in society, and construction cost growth.' Additionally, estimating the future relative price growth of housing compared to fluctuations in parallel markets, considering 'the preservation of the current political conditions,' is another question for which experts have provided a probable scenario. Complementary analyses by experts regarding the housing market outlook for 1405 indicate that, influenced by economic recession, the current purchasing power does not have the necessary capability for significant price shifts in real estate.
Housing Outlook Until the End of the Year
A survey of economists reveals that housing prices in Tehran have surged by 76% this year, with inflation in the real estate sector at 135%. The primary drivers of this increase are identified as the dollar's value, inflation expectations, and rising construction costs, while the current economic recession limits purchasing power.
👥 Key Players
📰 What Happened
A survey of economists revealed that housing prices in Tehran have surged by 76% this year, with inflation in the real estate sector reaching 135%. The primary drivers of this increase include the dollar's value, inflation expectations, and rising construction costs.
- Average seller price in Tehran housing market increased by 76% since the beginning of the year.
- Inflation rate for real estate has reached 135%.
💡 Why It Matters
📚 Background
Iran's economy has been under strain due to sanctions, inflation, and currency devaluation, which have all contributed to rising housing costs.
🏷️ Entities Mentioned
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