June 15, 2020 00:16

SCI Scrutinizes Iran's Q4 Real-Estate Market

Land, residential home and rent prices in the fourth quarter of last Iranian year (Dec. 22, 2019-March 19) rose by 63.4%, 65.6% and 43.8% respectively compared with Q4 of the year before

The Statistical Center of Iran has published its latest report on home and land prices as well as rents in urban areas across the country during the fourth quarter of the last Iranian year (Dec. 22, 2019-March 19).
According to the report published on the official website of SCI, the average price of each square meter of land or land of a rundown residential property (residential units that are considered old to a degree that only the underlying land is useful for construction) in urban areas went up by 63.4% in Q4 compared with the corresponding period of the year before.
Prices increased by 15.3% compared with the preceding quarter (Q3 of the last Iranian year.)

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Iran Real Estate Market News