Tehran Home Sales Dip 24.4% as Prices Jump by 8.6%

Tehran’s home prices increased, despite the decline in the number of deals in the month leading to March 19 compared with the preceding month, the Planning and Housing Economy Office of the Ministry of Roads and Urban Development reported. 
The number of home sales in Tehran reached 10,242 during Feb. 20-March 19, indicating a decline of 24.4% compared with the month before.
The average price of each square meter of a residential unit in Tehran stood at 155.68 million rials ($943) last month, registering an 8.6% increase month-on-month.