Better Days Predicted for Housing Market
Economy, Business And Markets

Better Days Predicted for Housing Market

The four years of deep recession in the housing sector are predicted to end by the second half of the current Iranian year (September 2017), the head of Tehran Association of Realtors said."We shall have two turning points in the current year: the first will be in the Iranian month of Tir (starting June 22) when the housing market will escape its slowdown and enter a pre-boom stage, and the second will happen two months later when the housing sector boom begins," Hesam Oqbaei was also quoted as saying by Banker.ir. Oqbaei noted that last year, the housing market remained entirely in recession.   "Although Tehran registered a better record of residential real-estate deals compared with other cities in the country, it could not be considered a boom or pre-boom phase," he said.

Short URL : https://goo.gl/3I0to4
  1. https://goo.gl/oUvuY4
  • https://goo.gl/PDrgdb
  • https://goo.gl/CFqKhP
  • https://goo.gl/x4baB7
  • https://goo.gl/OzGVXj

You can also read ...

Forex Rates Jump After Gov’t Stops Cheap Currency Allocation
Foreign exchange rates in the unofficial market registered...
Int’l Airlines’ Presence in Iran Boosted After JCPOA
A total of 51 foreign airlines are now operating in Iran, up...
Facebook Lures Google Engineer to Head Its Own Chip Development
Facebook Inc. has sent another signal that it is serious about...
US Confiscates 500 Iranian Bitcoins
The US federal government confiscated at least 500 Bitcoins...
Export Billet Prices Increase on Reduced Availability
Iranian export billet prices increased by $5-10 per ton over...
New MacBook Features Dust-Repelling Keyboard
Apple’s new MacBook Pro keyboards are slightly quieter than...
Platform to Promote FATA-IFA Interactions
A new platform has been launched to facilitate interactions...
Tehran to Host Startup Week
Attended by fintechs and startups, Tehran is to host a week-...

Add new comment

Read our comment policy before posting your viewpoints