Economy, Business And Markets

Trends in Iran's Housing Sales, Rents

Trends in Housing Sales, RentsTrends in Housing Sales, Rents

The Statistical Center of Iran has presented crucial data pertaining to the housing sector in Tehran and across Iran over the past few years, which cover sale and rent price trends, empty homes and old residential units, among others.
The SCI report was presented in the latest meeting of its representatives with counterparts at the Ministry of Roads and Urban Development, the ministry's website reported.
According to SCI numbers, the sale price of each square meter of residential units in Tehran increased by 100% during March 2012-14. 
From that time until March 20, 2017, this trend was stable but by the end of the next fiscal year, the Tehran market experienced a price hike of 30%.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment