Baku, Azerbaijan, March 30
By Khalid Kazimov – Trend:
The latest statistics by the Central Bank of Iran indicate an 11.8 percent jump in the number of sales of residential apartments over the last fiscal year to March 20 in the capital Tehran, the country’s largest capital market.
According to the latest statistics by the Central Bank of Iran, 181,200 residential apartments were traded in the capital city in the mentioned period, indicating an 11.8 percent increase compared to the preceding year.
The report meanwhile suggests that the number of sales of apartments in the capital Tehran over the ending month of the last year grew by 0.5 percent
The average price of Tehran’s residential properties in the 12th month of the last year increased by 26.1 percent compared to the same time of preceding year.
Per square meter of residential property in Tehran over the mentioned period was valued at about $1,300 (57.6 million rials) on average.