Tehran Home Sales Hit Record 

The number of home sales in Tehran hit a 22-month high in the third month of the current fiscal year (May 22-June 21), new data released by the Central Bank of Iran show.
According to CBI, a total of 13,874 homes were sold in the capital city during the third month of the current fiscal year (May 22-June 21), registering a 32.3% jump compared to the previous month and a 151.9% rise compared with the corresponding month of the previous year.
The report also shows prices reached an all-time high. The average price of each square meter of a residential property in Tehran stood at 394.15 million rials ($1,288) during the month under review, registering a 32.8% rise over the preceding year’s same month, when average prices stood at 296.74 million rials ($969). 
Home prices in the capital city increased by 8.4% compared with 363.52 million rials ($1,187) in the third month of the current fiscal year.