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FinancialNews


  • 02-03-22

    Forecasts for Iran’s residential prices to increase

    (MENAFN) According to the newest report published by the Central Bank of Iran (CBI), the median residential cost surged 0.4 percent in the capital Tehran in the eleventh Iranian calendar month Bahman (ended on February 19), in comparison to its preceding month.

    It was actually a minor rise in comparison to the expansion during the last months.

    The median residential cost during the mentioned month climbed 16.4 percent when compared to the stated month during the past financial year.

    According to the CBI data, the median cost for one square meter of a housing unit in Tehran amounted at 330.6 million rials (around USD1,271) in the stated time period.

    MENAFN02032022000045013568ID1103786624

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