EghtesadOnline: Registration for new applications for Bank Maskan’s Housing Saving Account mortgage initiative closed on June 8, 2020.
EghtesadOnline: Many of the people seeking to buy a home but can’t afford it in Tehran opt for one in surrounding cities.
EghtesadOnlinne: The Purchasing Managers' Index in the second month of the current fiscal year (April 20-May 20) settled at 60.55 from 18.75 in the preceding month (March 20-April 19), showing signs of recovery after plunging for two months in the aftermath of the coronavirus pandemic.
EghtesadOnline: The Purchasing Managers' Index for Iran's housing sector fell to its lowest level in the month ending April 19 since the release of PMI reports began in the fiscal month ending Oct. 22, 2019.
EghtesadOnline: Atotal of 11,569 homes were sold in Tehran from April 20 to May 20, the second month of the current Iranian year, to register a whopping upsurge of 790% compared with the preceding month, the Planning and Housing Economy Office of the Ministry of Roads and Urban Development reported.
EghtesadOnline: The Iranian Cabinet approved in its May 13 meeting the formation of the National Headquarters for Register-Based Population and Housing Census scheduled for 2026-27.
EghtesadOnline: State-run housing projects in Iran are usually theatrics staged by governments, despite millions of dollars of spending that usually lead to the squandering and misappropriation of public funds, Mohammad Reza Zohrehvandi, the chairman of Industries Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture, says.
EghtesadOnline: The Ministry of Roads and Urban Development plans to tap the existing capacity of Iran Mercantile Exchange to fund projects in the transportation and housing sector, an official with the ministry said.
EghtesadOnline: Latest data released by the Central Bank of Iran show Tehran's housing market continues to pick up, leaving behind a long spell of inflationary recession.
EghtesadOnline: The Iranian Barter Market will see sales of construction materials on credit to real-estate developers introduced by the Ministry of Roads and Urban Development as per the memorandum of understanding signed on Tuesday.