NEWS
ECONOMY   Building Materials  

86% Rise in Tehran Home Prices

The average price of each square meter of a residential unit in Tehran stood at 100.6 million rials ($76.8) in the 11th Iranian month (Jan. 21-Feb. 19), showing a 3% rise compared with the preceding month and an 86% increase compared with the same month of last year.

The latest figures were released by the Planning and Housing Economy Office of the Ministry of Roads and Urban Development, HIBNA, the news portal of Bank Maskan, reported. 

The data also show the number of home sales in Tehran increased by 40% in the same period compared with the preceding month to stand at 8,000 deals.

Home sales were down by 50% in the period compared with the same month of last year.

News No: 3737
Date: 2019/02/25 - 13:27
News Source: Financial Tribune

Home Prices  HIBNA  Bank Maskan  rials 

Comments:

Leave a Comment:

   
   
   
 

Daily Update: Indian Semis Offers Rise

Indian spot steel prices sharply surge by INR 300-600/MT in a day on improved demand in finished steel products amid positive outlook. The sources have reported better response from the stockiest & end user segment.
 

Lithium Australia achieves high-purity lithium phosphate from waste materials

Following the development of a process to generate lithium phosphate from waste materials, Lithium Australia (ASX: LIT) announced this week that its experts have now developed a technique for removing impurities from the lithium phosphate resulting in an exceptionally high-purity refined product.
 

Daily Update: Indian Semis Offers Volatile

Spot steel prices remain volatile following subdued trade activities in domestic market. As per participants, average movement in Semis products, while in finished products stocks have been rise with the mid sized mills.
 

Daily Update: Indian Semis Offers Decline Over Limited Inquiries

Indian steel market observed limited trade activities, hence the Sponge iron & Billet prices remain slightly fell by INR 100-200/MT day-on-day in major markets.
 

India: Karnataka Sponge Iron Offers Rise by INR 700-900/MT (USD 10-13)

In southern region of India, Bellary (Karnataka) sponge prices have inclined upto INR 900/MT (USD 13) in a week's time. Participants reported falling inventories amid less availability of raw materials which resulted in price hike in the market.
 

Daily Update: Indian Semis Offers Decline Further

Indian Semis prices further drop owing to lack of demand and strengthening supply, as per participants. The prices fall by INR 100-500/MT (upto USD 7), day on day.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners