58841
Housing Market Steady in 2017
Housing Market Steady in 2017

Housing Market Steady in 2017

Housing Market Steady in 2017

Following a 40% rise in residential real-estate deals during the Iranian month of Dey (started December 21, 2016) compared to the previous month and the relevant stability in prices, the housing market is predicted to hold a steady course until June 2017.
“Although Iran is set to organize two important elections, namely for the presidential and city and village councils, in May, there will be no fluctuations in the housing market and the sector is expected to experience a steady trend until June 2017,” the head of Tehran Association of Realtors was quoted as saying by Eghtesad News. “Since the beginning of the current Iranian year (March 20, 2016), home sales have declined by 30-50% in some provinces,” Hesam Oqbaei added. 
The official described the housing market in the capital as “better” and added that during the eight months to Nov. 20, Tehran’s housing market has shown a positive growth, even though it suffered a hiccup between November 21 and December 20. Oqbaei anticipated that in the coming year (starting March 21, 2017), the housing market will enter its boom phase since “we have partially put the recession behind”. 

Short URL : https://goo.gl/01Py1J
  1. https://goo.gl/1xnCvU
  • https://goo.gl/VamM8S
  • https://goo.gl/XqFVTC
  • https://goo.gl/7P6Sdo
  • https://goo.gl/iJHtJk

You can also read ...

Turkey to Defy US Sanctions, Maintain Trade Ties With Iran
Turkey intends to defy US President Donald Trump and continue...
CBI Delivering 2.5m Presold Gold Coins
The Central Bank of Iran has started the delivery of 2.5...
An Iraqi peddler displays Iranian currency for sale in the capital Baghdad on Aug. 9.
Iraqi Prime Minister Haider al-Abadi has raised the level of...
Iran Chamber of Commerce Urges FATF Compliance
Iran Chamber of Commerce, Industries, Mines and Agriculture,...
Private Housing Investments Rise
The uptrend in private sector investments in the housing...
Google Rolls Back Android Messages to Old Design
On Thursday, it looked as though Google was starting to roll...
New Foreign Exchange Policy:  Exporters’ Savior or Bane?
The new forex policy, announced last week by the Central Bank...
Hoarded Goods Worth $40m Confiscated in Tehran
Essential goods worth 3.2 trillion rials (around $40 million)...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus