Iran Real Estate Market News

Iran Real Estate Market News

Find out the latest news stories about real estate market in Iran and Tehran, including experts' comments, latest data about home deals and home prices, commercial properties' market 

  • Construction Permits  Increase in Fiscal 2017-18
    09/17/2018
    The Statistical Center of Iran has published its latest figures concerning construction permits, showing that the number of permits issued increased both across Iran and in Tehran during the...
  • Plan to Ease Home Loan Rules
    09/10/2018
    As prices of all goods and services, including apartments, are rising in Iran due to an ongoing currency crisis, the government is pondering on ways to facilitate conditions of homeownership to at...
  • Homebuyers in Tehran Favor Smaller Houses - August 2018
    09/08/2018
    A review of data by the Central Bank of Iran shows that residents of Tehran, the bustling capital city accounting for roughly half of all home sales in the country, increasingly favor smaller homes...
  • Provincial Home Sales Buck the Trend
    09/06/2018
    While Tehran’s housing market has registered three months of consecutive declines in home sales and price surges, similar markets of other provinces exhibit a different trend.  Tehran’s housing...
  • Bank Maskan Mulls Offering Bigger Loans With Lower Interests
    09/05/2018
    Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's...
  • Housing Savings Account Outstrips Deposit Targets
    09/03/2018
    Latest figures from the Housing Savings Account, Iran’s cheapest homeownership initiative, show that it has managed to attract more deposits than it had initially targeted. HSA was supposed to...
  • Return of Housing Recession Likely
    09/01/2018
    Experts believe Iran's housing sector is already showing signs of sliding back into recession after enjoying only nine short months of booming activities.  The main reason behind this is the...
  • Tehran Home Sales Fall as Prices Soar
    08/29/2018
    The Central Bank of Iran on Tuesday released its latest data concerning Tehran's housing market, indicating that the volume of home deals has significantly declined as prices have jumped for the...
  • Home Loans Surge by 52.8%
    08/27/2018
    Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.  According to Hibna, the bank's...
  • Private Housing Investments Rise
    08/20/2018
    The uptrend in private sector investments in the housing sector is the conclusive sign that the long-ailing sector is enjoying a boom period, a senior official at the Ministry of Roads and Urban...
  • Tehran Home Rents Up 26.7 Percent in Q1
    08/16/2018
    The average price of renting a residential unit in Tehran jumped significantly on a year-on-year basis...
  • HSA Growth Beats Expectations
    08/15/2018
    More than 480,000 people have opened Bank Maskan’s Housing Savings Account that offers Iran’s cheapest home loans since its inception about three years ago, the bank’s chief executive said. “Some...
  • Bank Maskan Modifies Housing Finance Policies
    08/12/2018
    Bank Maskan, the agent bank of Iran's housing sector, has made several policy changes to address the ongoing turmoil in the domestic foreign currency market, which has led to a rise in home prices...
  • Housing Sector in Danger  of Sliding Back Into Recession
    08/07/2018
    Iran’s housing sector will soon slid back into recession in view of ongoing volatilities in the foreign exchange market, which have rocked prices during the past few months, the deputy of Tehran...
  • Bank Maskan Mulls Home Loan Proposals
    08/05/2018
    Bank Maskan, the agent bank of the housing sector, is considering two proposals to sweeten a home loan offer for revitalizing the stagnant housing market and boosting demand from first-time home...
  • Housing Market Beholden to Parallel Markets
    08/04/2018
    As Iran continues to battle a currency crisis mainly brought about by expectations of worsening international ties because of the reimposition of US sanctions, the country’s housing market has...
  • Ministry Calls for Levying Capital Gain Tax to Control Housing Market
    08/01/2018
    The economic research arm of the Ministry of Economic Affairs and Finance has published a detailed analysis of taxation in housing sector, calling for levying capital gain tax to control the...
  • Q1 Housing Facilities Surge 32%
    07/29/2018
    Facilities allocated to Iran's housing sector during the first quarter of the current fiscal year to June 21 increased both in terms of volume and value, the central bank's data show. A Saturday...
  • Tehran Home Sales Cool as Prices Surge
    07/28/2018
    Residential deals in Tehran cooled in mid-summer but prices continued on their rising trajectory, the latest data released by the Central Bank of Iran show. A report published on CBI's website on...
  • Rent Contract Bill to Help Tenants
    07/26/2018
    Iran’s Ministry of Roads and Urban Development is pursuing a change in the way home rent contracts are devised to curb skyrocketing rents and provide a helping hand to frustrated tenants that have...
  • Jump in Price of Construction Materials
    07/25/2018
    Tehran’s construction material price index hit 250.8 over last spring, registering a 12.4% increase from the previous quarter and a 27.3% growth compared with the same period of last year, the...
  • Bank Maskan Loans Top $680m in Q1
    07/24/2018
    Bank Maskan, the agent bank of Iran's housing sector, allocated a total of 30 trillion rials ($686 million) to all applicants during the first three months of the current fiscal year ending June 21...
  • 13% of HSA Loans for Old Neighborhoods
    07/23/2018
    Mortgage loans for homes located in dilapidated parts of cities accounted for 13.2% and 13% of the total number and value of home loans, respectively, following a popular mortgage initiative by May...
  • HSA Deposits Up 70% YOY
    07/21/2018
    Down payments by applicants in Bank Maskan’s three-year-old mortgage scheme that targets first-time home buyers have increased 70% in value over the year ending June 21. “Deposits made into the...
  • The private sector completed the construction of 52,081 buildings in H1 2017-18 across all urban areas
    07/16/2018
    The latest data disclosed by the Central Bank of Iran show that private sector investment in the housing sector increased during the first half of the previous fiscal year to Sept. 22, 2017, with...

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