...

Housing prices go up in Iran’s Tehran

Business Materials 30 December 2019 20:36 (UTC +04:00)

BAKU, Azerbaijan, Dec. 30

By Elnur Baghishov - Trend:

The average price of one square meter of housing reached 135.3 million rials (about $3,200) during the ninth month (from November 22 through December 22, 2019) of this Iranian year in Tehran, the capital of Iran, Trend reports referring to the report of the Central Bank of Iran.

“This figure increased by 8.5 percent compared to the eighth month from October 23 through November 21,” the Central Bank of Iran said.

The prices increased by 41.6 percent compared to the same month of last Iranian year.

Purchase/sale

Period

Difference in percent

9th month of last Iranian year (November 22 - December 21, 2018)

8th month of this Iranian year (October 23 - November 21, 2019)

9th month of this Iranian year (November 22-December 22, 2019)

Compared to the previous month

Compared to the same month of last year

Number of purchase/sale transactions

6,814

4,064

9,537

134.7

40.0

Price per square meter (in US dollars)

2,274

2,967

3,220

8.5

41.6

The below-mentioned table includes the purchase and sale of housing during nine months of three years:

Purchase/sale transactions

During nine months (from March 21 through December 21

Difference in percent

2017-2018

2018-2019

2019-2020

Last Iranian year

This Iranian year

Number of purchase/sale transactions

131,537

97,920

49,408

-25.6

-49.5

Price per square meter (in US dollars)

1,094

1,794

3,042

63.9

69.5

Tags:
Latest

Latest