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 

  • 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...
  • 45% Hike in Tehran Home Prices
    After a tumultuous second Iranian month, Tehran's housing market became calmer in the third month that ended on June 21 in terms of home deals, but registered a whopping 45% annual growth in terms...
  • 2nd Real-Estate Investment Trust Launched
    The Iranian government on Saturday inaugurated the country’s second real-estate investment trust (REIT) called Narvan in Tehran through the Maskan Investment Group, the parent company of Bank...
  • Cheap Homeownership Loans Attract 440,000 Applicants
    Affordable loans allocated to first-time homebuyers through the Housing Savings Account have so far attracted more than 440,000 applicants, a deputy roads minister said. “At present, on average, 1...
  • Trends 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...
  • Bank Maskan and MIB are subsidiaries of Bank Maskan Financial Group.
    Maskan Investment Bank, a subsidiary of Bank Maskan—the agent bank of the housing sector, has issued the first-ever corporate bonds. According to a report by HIBNA, the official news portal of...
  • Housing Sector Rally Expected to Cool Off
    After a bigger-than-expected rally in home prices in the first quarter of the current fiscal year that started on March 21, housing experts believe the one-off bull run will lose steam as the year...
  • 1st Real-Estate Fund to Be Launched Soon
    Iran’s Ministry of Roads and Urban Development is pursuing the expansion of real-estate investment trusts (REITs) in collaboration with Bank Maskan, the agent bank of the housing sector. According...
  • Soaring House Prices in Tehran Unreal
    A housing official said the recent meteoric rise in house prices in some of the districts of Tehran, which far surpassed the inflation, are not “real” and must decline.  Iraj Rahbar, vice...
  • Tehran Housing Market Rebounds
    Following a very weak performance during the first month of the current Iranian year, Tehran's real-estate market has registered a healthy growth in the number of residential deals during the...
  • HSA is aimed at promoting homeownership among young couples.
    The idea of tapping into the reserves of the National Development Fund of Iran to empower the country’s main initiative aimed at supporting first-time homebuyers and other housing applicants has...
  • Bank Maskan Home Loans Up
    Latest figures published by Bank Maskan, the agent bank of Iran's housing sector, indicate that in the first month of the current fiscal year (March 21-April 20), both the number and value of loans...
  • Home Prices, Rents Hike in Tehran
    The Statistical Center of Iran has released the latest housing data for Tehran, which indicate a significant annual and seasonal hike in prices, rents and deals, manifesting an uptick in the...
  • Home Rents  to Rise by 15%  in Summer
    Iranian tenants will experience a housing rent increase of 15% in the summer, which is beyond the current inflation rate of under 10%, according to the deputy head of Tehran Association of Realtors...

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