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SCI Reviews Real-Estate Market in Urban Areas (KICKER) Q4 Land, Property Prices Up 98%

SCI Reviews Real-Estate Market in Urban Areas (KICKER) Q4 Land, Property Prices Up 98%
SCI Reviews Real-Estate Market in Urban Areas (KICKER) Q4 Land, Property Prices Up 98%

The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels, in the country’s urban areas during the fourth quarter of last Iranian year (Dec. 21-March 20, 2021).
According to a report published on the 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 Iranian cities went up by 98.8% in Q4 compared with the corresponding period of the year before. Prices increased by 6.2% compared with the preceding quarter (Q3 of the last Iranian year).

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