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Iran's housing market experiences huge growth

Business Materials 29 December 2017 13:02 (UTC +04:00)

Baku, Azerbaijan, Dec. 29

By Khalid Kazimov – Trend:

The number of sold apartments in capital Tehran, the country’s largest housing market, increased by 50.2 percent over the last calendar month ending to December 22.

According to the latest report by the Central Bank of Iran, about 17,800 housing units were sold in Tehran over the mentioned period.

Per square meter of residential units over the last Iranian month was sold for $1432.5, indicating a growth of 14.9 percent, compared to the same time last year.

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