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FinancialNews
27-04-21
Iran stresses need for setting market rules headquarters for housing sector
(MENAFN)ISNA quoted Head of Iran’s Property Advisers Union as saying that housing prices in the country should drop over 25 percent in order for people to be able to afford to purchase.
The end of real estate agencies due to the Coronavirus pandemic led to some problems in this market, urging for the re-opening of the agencies in compliance with health protocols, stated Mostafa Gholi Khosravi.
Khosravi further declared that “The affairs of real estate offices are mostly done through phone and social distancing and health protocols are observed when the parties meet for signing contracts. So, these offices which have been constantly closed since the beginning of the current [Iranian calendar] year (March 21) should be re-opened.”
The official highlighted the need for setting a market regulation headquarters for housing sector to monitor the activities of dealers and real estate agencies to maintain equilibrium in the prices.
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