EghtesadOnline: 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 second month to May 21.
EghtesadOnline: The number of residential construction permits issued in Tehran during the first half of the current fiscal year to Sept. 22 has experienced an uptick, the Statistical Center of Iran said.
EghtesadOnline: In the face of rising demand for inexpensive residential units in the capital Tehran, a senior advisor to the minister of roads and urban development predicted that the market for small and cheaper apartments will heat up during the current year (ending March 20, 2018).
EghtesadOnline: Defying the housing market’s years-long sluggish trend and flat home prices, home rents are registering growth.
EghtesadOnline: While the long-lasting stagnation in the Iranian housing sector prevailed in the first month of summer, which was expected to mark a turning point in the key sector, the number of home sales in nine districts of Tehran marked an improvement.
EghtesadOnline: During the first two months of the new Iranian fiscal year to May 21, the number of new apartments built in 12 old districts of Tehran leaped by 56% compared with the corresponding period of last year.
EghtesadOnline: The average house price in Tehran reached 45.6 million rials ($1,216) per square meter, marking a year-on-year increase of 5.4% during the month to June 21.
EghtesadOnline: The construction of remaining units of Mehr Housing Project in the Iranian capital will be completed by the end of the current fiscal year (March 20, 2018), announced the director of housing and construction at Tehran Roads and Urban Development Office.
EghtesadOnline: After a lackluster start to the new Iranian year (started March 21), Tehran real-estate residential deals rebounded during the second month (started April 21) to herald an imminent relief for the beleaguered housing sector now in a six-year slowdown.
EghtesadOnline: The average house price in Tehran stood at 43.7 million rials ($1,165) per square meter, registering a year-on-year increase of 3.6%, the latest report of the Central Bank of Iran for the first month of the Iranian New Year (started March 21) said.