Financial Tribune - A total of 10,687 homes were sold in Tehran during the 10th month of the current fiscal year (Dec. 22, 2019-Jan. 20) to register a 12.1% rise compared to the month before.

The number of home sales in the capital city rose by 59% compared to last year's similar month, the Central Bank of Iran reported.

The average price of each square meter of a residential unit in Tehran stood at 138.09 million rials ($1,022) during the month under review, indicating a 2.1% increase compared with the preceding month.

Compared with the same month of last year, average prices showed a surge of 40.9%.