Business And Markets

Tehran Q4 Land, Home, Rent Prices Increase

Compared with Q3 of the fiscal 2018-19, land, home and rent prices increased by 44.6%, 13.5% and 1.9% respectively
Tehran Q4 Land, Home, Rent Prices Increase
Tehran Q4 Land, Home, Rent Prices Increase

The Statistical Center of Iran has published its latest report on Tehran’s home and land prices in addition to rents, which indicates a significant increase during the fourth quarter of the last Iranian year (Dec. 22, 2018-March 20).
It is noteworthy to compare the price hikes against a backdrop of overall consumer inflation. 
According to SCI, the goods and services Consumer Price Index in the 12-month period ending March 20, which marks the end of last fiscal year, increased by 26.9% compared with last year’s corresponding period.
The consumer inflation registered a year-on-year increase of 47.5% in the Iranian month ending March 20 compared with the similar month of last year.


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