Q1 Real-Estate Market Surveyed

The average Consumer Price Index for rent levels of residential homes in urban areas during the four-quarter period leading to June 21, which marks the end of spring, increased by 28.8% compared with the corresponding period of last year. 
The Statistical Center of Iran had put the annual inflation rate for the preceding quarter (winter), which ended on March 20, at 27.5%. 
The highest and lowest average annual inflation rates were registered for Hamedan and Sistan-Baluchestan provinces at 38.3% and 13.6% respectively.  
According to the SCI report, CPI for rent levels in urban areas (using the Iranian year to March 2017 as the base year) reached 226 in the first quarter of the current Iranian year (March 21-June 21), indicating a 3.5% increase compared with the previous quarter.