Bourse and Bazaar | Sepehr Arefmanesh: A 41 percent rise in Tehran Citys average home prices has left some residents, especially renters, with no option but to leave the capital for more affordable housing units in suburban areas close to Tehran.
Figures released by the Ministry of Roads and Urban Development show that 37,700 housing units ...
Financial Tribune- Despite the recent surge in the value of gold coin and foreign currencies in the Iranian market, home prices remain unaffected and the sectors experts believe the housing market will remain steady through the end of current Iranian fiscal to March 20, 2018.
This is while the possibility that many first-time home buyers entering ...
Financial Tribune- Defying the housing markets years-long sluggish trend and flat home prices, home rents are registering growth.
Deciphering the enigma, director of Tehran Association of Realtors has cited three reasons for the anomalous trend.
The major determining factor of rents is the propertys value, but this rule does not apply to our ...
Financial Tribune- Following a 40% rise in residential real-estate deals during the Iranian month of Dey (started December 21, 2016) compared to the previous month and the relevant stability in prices, the housing market is predicted to hold a steady course until June 2017.
Although Iran is set to organize two important elections, namely for the ...
The housing sector has entered its "first phase of recovery" and is on the threshold of a pre-boom trajectory that should eventually lead to an upturn, according to a leading real estate expert.
"A relative upsurge has started to take shape in the property market, signaling that we are in the first phase of a recovery," Hesam Oqbaei, the head of ...
The housing sector is languishing for a third consecutive year in recession with no respite in the foreseeable future.
Analysts like Hesam Oqbaei, head of Tehran Association of Realtors hold the view that by the next Iranian year (starts March 21, 2016) the key sector will eventually awake from its slumber.
However, he adds that if the government ...