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 

  • Tehran Home Sales Fall as Prices Soar
    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%
    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
    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
    The average price of renting a residential unit in Tehran jumped significantly on a year-on-year basis...
  • HSA Growth Beats Expectations
    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
    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
    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
    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
    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
    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%
    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
    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
    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
    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
    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
    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
    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
    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...
  • Bank Maskan is the agent bank of Iran’s housing sector.
    Bank Maskan, the agent bank of Iran’s housing sector, has released its latest performance report showing that the number of loans it allocated to applicants during the first quarter of the current...
  • Government Pledges to Complete 150,000 Mehr Housing Units
    A housing official said the government is providing funds to complete the construction of 150,000 residential units, as part of the protracted Mehr Housing Project initiated more than a decade ago...
  • Value of Tehran Home Deals  Up 44 Percent
    The total value of all residential deals registered by Tehran’s real-estate agents increased by about 44% compared with the similar period of the previous fiscal year. It reached 2.34 trillion...
  • Empty Homes Beyond Gov’t Reach
    The government is unable to track vacant homes and levy taxes, a setback to its efforts to stop the galloping rise in residential rents, an official with the Ministry of Roads and Urban Development...
  • Plan of Action to Help Calm Housing Market
    The Ministry of Roads and Urban Development has devised a nine-point action plan to help balance the housing market that has seen more than its share of ups and downs in recent months as the...
  • Need for Bigger Home Loans as Prices Soar
    The value of home loans has not increased in line with recent skyrocketing prices, drastically eroding the purchasing power of Iranians and contributing to a downturn in housing sales. "Loans...
  • Pre-Purchase Option for Housing Loan Applicants
    Prospective homebuyers who tap into the homeownership initiative launched by Bank Maskan, the agent bank of the housing sector, will soon have the option of making a pre-purchase, the chief...

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