Iran's Q1 Land, Home Prices Double

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 first quarter of the current fiscal year (March 21-June 21). 
According to a 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 Iranian cities went up by 104.7% in Q1 compared with the corresponding period of the year before. Prices increased by 25.6% compared with the preceding quarter (Q4 of the last Iranian year that ended on March 20, 2021).
The minimum price of each square meter of land or land of a rundown property stood at 1 million rials ($3.37) while the maximum was 1.68 billion rials ($5,664), bringing the average to 116.94 million rials ($394).