Iran Real Estate Market News

Iran’s construction sector is expected to grow by 6.5% to reach 2,516,729 billion rials in 2023 and 3,133,384.9 billion rials by 2027, according to ResearchAndMarkets.

The Statistical Center of Iran has published a new report on the number of construction permits issued in Tehran and throughout the country during the third quarter of the previous financial…

Indicators testify to a critical, unprecedented situation in the housing sector. 

The Purchasing Managers’ Index for the construction sector settled at 33.95 in the first month of the current Iranian year (March 21-April 20), down from 55.43 in the 12th month of the last…

The state of housing production and supply in the new Iranian year (started March 21) can be studied from different aspects. 

The Purchasing Managers’ Index for the construction sector settled at 55.43 in the 12th month of last Iranian year (Feb. 20-March 20), up from 48.98 in the preceding month (Jan. 21-Feb. 19),…

Housing market can be the first refuge of investors and property owners in the new Iranian year (started March 21). However, directing funds from other asset markets is not synonymous with…

The percentage of Iran’s tenant population has been on the rise since early 1990s, which increase has been especially significant and worrying in Tehran, the capital city. 

New data released by the Iran Chamber of Cooperatives show the Purchasing Managers’ Index for the construction sector is nearing the threshold but remains contractionary. The PMI settled at 48.…

The Purchasing Managers’ Index for the construction sector remains in contraction mode, the latest data released by the Iran Chamber of Cooperatives show. The PMI settled at 42.3 in the 10th…

A total of 9,508 residential homes were sold in the capital city Tehran during the ninth month of the current Iranian year (Nov. 22-Dec. 21), registering a 28.62% rise from 7,392 in the…

New data released by the Central Bank of Iran on Tehran’s housing market show the number of sales has increased in the second consecutive month.

A total of 7,392 residential properties were sold in the capital city Tehran during the eighth month of the current Iranian year (Oct. 23-Nov. 21), registering a more than 53% rise from 4,830 in…

Real-estate market is in the grip of recession these days, as builders are not interested in starting new projects given the back-to-back rise in the prices of construction materials, wages,…

Real-estate development follows two trajectories; the government-sponsored National Housing Movement (aiming to build one million housing units per year) and private sector initiatives that have…

The construction sector has plunged into recession, the latest data of Iran Chamber of Cooperatives on Purchasing Managers’ Index for the sector indicate. The index settled at 37.09 in the…

The general price index of construction materials for residential properties in Tehran, using 2011 as the base year, grew by 36.7% during the four-quarter period ending Sept. 22, which marks the…

Data released by the Central Bank of Iran and the Statistical Center of Iran confirm that the housing market in the capital city Tehran is falling deeper into a slump.

Iran's construction sector is expected to grow by 2.5% in real terms in 2022, following an annual growth of 1.8% in 2021.  It is then expected to register an annual average growth of 3.6%…

The Statistical Center of Iran has published a report on the number of construction permits issued in Tehran and throughout the country during the first quarter of the current fiscal year that…

The annualized inflation of residential buildings in Tehran, the capital city, reached 30.3% in the sixth month of the current fiscal year (Aug. 23-Sept. 22), according to a new report released…

The Statistical Center of Iran has published a new report on home and land prices, as well as rents in the country’s urban areas during the fourth quarter of the last fiscal year (Dec. 22, 2021-…

Latest data released by the Iran Chamber of Cooperatives on Purchasing Managers’ Index for the construction sector shows the index has bounced back above the threshold (50-mark). The index…

The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels in Tehran’s urban areas, during the fourth quarter of last fiscal year (Dec. 22, 2021-…

New data released by the Central Bank of Iran on Tehran’s housing market show a total of 7,825 homes were sold in the capital city during the fifth month of the current fiscal year (July 23-Aug…