Housing price changes and its price forecast in 1402

Also, the experts in this field believe that housing inflation in 1402 will be equivalent to a figure between the inflation of 1400 and 1401. It is also expected that we will have a slow trend for housing price growth in the first six months of the year. This forecast can be changed if the municipality adopts new policies to facilitate construction. So if you want to invest, you can make a profit now by buying an apartment in Qaitariya and selling it in 1402.

Will housing prices rise this year?

For buying and investing in real estate, this year is one of the best years because the price of real estate increases a lot in this period of time.

Housing price explosion

The price increase in 1400 caused experts not to expect a sharp price increase in 1401. Predictions indicated that housing prices in 1401 will follow a steady and smooth trend. The second half of 1402 saw a price explosion in the housing sector. Statistics showed that the price of apartments in District 1 of Tehran experienced a 26% growth. Also, buying and selling in the 2nd district of Tehran has been ranked third. In other words, by buying an apartment in Qaitariya at the beginning of the year, you could sell it at the end of 1401 with a 26% price increase!

Land price prediction in 1402

Many people prefer to buy an apartment in Qaitariya instead of buying land, but there are still people who like to buy land and build a tower or a house on it. The price of land in the second half of 1401 experienced a 40% growth compared to previous years at the same time.

The increase in land prices in 1402

It can be said that one of the reasons why property prices have increased in Tajrish and District 1 of Tehran; It is related to the increase in land prices. This year, different areas of Tehran experienced a large price increase compared to previous years. In some areas of Tehran, land has been sold with twice the price of the previous year. Due to the increase in population density, it can be predicted that the price of land will experience an increasing growth in 1402. It is obvious that according to the fluctuations of the gold and foreign exchange market and the changes in the price of construction materials, the price of housing and land is increasing in 1402. Experts in this field hope that with the revival of JCPOA and the reduction of inflation and its stability, the brakes on prices will be pulled. Therefore, it is expected that the price of housing will increase slightly in the first six months of 1402, but this is not the case for the price of land! It is expected that in 1402, the price of land will grow excessively.