26636
Higher Housing Prices Expected in Winter
Economy, Business And Markets

Higher Housing Prices Expected in Winter

Managing Director of Tehran Builders’ Association seems to be looking more on the plus sides of his business and says housing prices will increase in winter.
Hassan Mohtasham referred to the Ministry of Roads and Urban Development’s stimulating policies on Wednesday and said, “The market is  recovering slowly as people are showing interest in the incentives offered by the ministry for buying small and low-priced houses,” ISNA quoted him as saying.
Mohtasham believes that much, if not all, of the indices related to the housing market are the result of seasonal changes in demand patterns -- for instance demand usually on the upside in summer.
“A meager 7-8% uptick in the market that was seen this summer is simply not enough to compensate for the prolonged recession.”
Rejecting claims that builders are intentionally keeping prices high, he said “it is not feasible for any housing constructor to sell at a price lower than the cost.  A constructor pays for the land, taxes, workers and building materials.”

Short URL : https://goo.gl/mHzBR9
  1. https://goo.gl/vHgOlS
  • https://goo.gl/jW8WNc
  • https://goo.gl/Ki8x4l
  • https://goo.gl/cBYdoP
  • https://goo.gl/8MiRuY

You can also read ...

Italy's Ansaldo Set to Produce Power From Iran's South Pars Gas Flares
Italy's Ansaldo Energia signed a memorandum of understanding...
Fate of Cryptocurrency in Iran Hangs in Balance
Virtual currencies are slowly but steadily gaining traction...
IRISL Returns to the Fold of Int’l Shipping Giants
The Islamic Republic of Iran Shipping Lines plans to replace...
Dairy Exports to Hit $1b
Iran is one of the top milk producers and has ambitious plans...
Money and Credit Council Approves Liquidity Risk Management Rules
Money and Credit Council, a top financial decision-making body...
1st Currency ETF  in the Pipeline
The Iranian capital market’s first foreign currency exchange-...
Iran Insurance Growth at 20%
The collective figure of Iranian insurance companies’ premiums...
Iran Eases Imports From Turkey
The issue of “consulate approval”, which negatively affected...

Trending

Googleplus