Economy, Business And Markets

Tehran Home Prices Up 30%

Tehran Home Prices Up 30% Tehran Home Prices Up 30%

The Central Bank of Iran has released its latest report on Tehran's housing market, painting a stark picture of the falling number of home sales and price jumps higher than inflation for the first month of the current Iranian year that began on March 21.
According to the report published on CBI's official website that employs data from the Tenement Management Information System, only about 5,000 residential real-estate deals were registered in Iran's bustling capital during the initial month of the year. That number indicates respective decreases of 59% and 6.3% when compared with the month before and the same month of last year.


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