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  • 05-04-22

    Expectations for Iran’s residential costs to drop significantly

    (MENAFN) Iranian market specialists think that the residential costs in the nation are predicted to drop significantly in the present Iranian calendar year (started on March 21) as the government is completely following its bulk building schemes to supply individuals with budget-friendly residences.

    Based on IRNA, signing a nuclear agreement with the world major powers and removal of the U.S. penalties is also another influence that is predicted to back the reducing residential costs in the nation during the present year.

    The increase of residential prices in Iran plummeted during the previous months of the last year so that the point-to-point inflation of the housing market which had hit almost 100 percent at the start of the year dropped to 20 percent by the end of the year.

    MENAFN05042022000045013568ID1103962959

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