Iran's CB: Tehran Housing Prices, Sales Surge

The Central Bank of Iran’s latest data on Tehran’s housing market show sales are picking up alongside prices. 
During the ninth fiscal month (Nov. 22-Dec. 21), a total of 9,772 homes were sold in Tehran, registering an increase of 33.8% compared with the preceding month and a 282.5% jump compared with the same month of last year.
Published on CBI’s website, the data also indicate that the average price of each square meter of a residential property in Tehran stood at 325.9 million rials ($1,093) during the month under review, showing a surge of 21.1% over last year’s same month, when average prices stood at 269.06 million rials ($902).