Housing price in Tehran city rises over 43%

TEHRAN - Housing prices in Iran’s capital Tehran increased 43.7 percent in the fourth month of the current Iranian calendar year (June 22-July 22), from the same month in the previous year, a report by the Central Bank of Iran (CBI) showed.

Tehran housing market records an 85% annual growth

TEHRAN – The housing market in Tehran was the second-highest returning market in Iran among the country’s four major markets in the previous Iranian calendar year (ended on March 20) with 85 percent annual growth, ISNA reported.

Housing market expected to stay calm in coming months

TEHRAN - Fardin Yazdani, the planner of the Transport and Urban Development Ministry's Comprehensive Housing Initiative, believes that the housing prices in the Iranian market are not going to experience any sudden rise in the coming months and the market will stay stable.

Unbridled rise in housing prices to lead market into recession: MP

TEHRAN - The drastic and unprecedented rise in housing prices in recent months is going to lead the housing market to a recession in the coming months, a member of the Iranian Parliament (Majlis) Civil Committee said.

By Haniyeh Sadat Jafariyeh

Reactions to rial rally

Simultaneous with the decrease in foreign exchange rates and regain of rial, commencing as of Monday evening, other markets including gold, mobile phone and auto have shown a green light to the prices decline.