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Tehran Housing Market Reviewed

The average price of each square meter of residential floor area in the capital city surged by 76.4% in the second quarter of the current Iranian year (June 21-Sept. 21) on year-on-year basis, indicating a growth of 28.3% compared to the previous quarter
Tehran Housing Market ReviewedTehran Housing Market Reviewed

The Statistical Center of Iran has published its latest report on home and land prices as well as rent levels in the capital city Tehran during the second quarter of the current Iranian year (June 21-Sept. 21), the summer season of the fiscal 2020-21. 
According to the report published on SCI’s website, 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 Tehran went up by 86.5% in Q2 compared with the corresponding period of last year. 
Prices increased by 36.4% compared with the preceding quarter (Q1 of the current Iranian year.)

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