Economy & Housing
The number of real estate deals in Tehran City fell 73.7 percent in the fifth Iranian calendar month of Mordad (July 23-August 22), compared to the same month in the past year, Tasnim news agency reported citing the data released by Ministry of Transport and Urban Development.
The number of deals during the fifth month of this year has been 2,931, falling from 11,154 in the same month of the previous year.
As previously announced by Ministry of Transport and Urban Development, the number of real estate deals in Tehran City fell 44.8 percent in spring, which corresponds to the first quarter of Iranian calendar year, compared to the same quarter in the past year.
The ministry’s report said that the number of deals during the first quarter of this year has been 21,537, and the housing price has risen 106 percent year on year in the capital city.
The number of real estate deals in Iran has dropped 70 percent in the past Iranian calendar month of Esfand (ended on March 19) which is also the last month of the Iranian calendar year, ILNA reported quoting the vice chairman of Iranian Real Estate Agencies.
Iranian Oil Ministry has authorized 74 domestic companies for the construction of petro-refineries across the country, IRNA reported on Monday, quoting Deputy Oil Minister for Planning Houshang Falahatian as saying.
Housing price rose 3.8 percent in Tehran City during the past Iranian calendar month of Bahman (ended on February 19), compared to its previous month, ISNA reported on Tuesday.
TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 5,882 points to 524,394 on Wednesday, IRNA reported.
TEDPIX, the main index of Tehran Stock Exchange (TSE), went up 19,675 points to 478,754 in the past Iranian calendar week (ended on Friday), IRNA reported.
Head of Energy Commission of Tehran Chamber of Commerce Hamid-Reza Salehi on Sat. called on government and private sector to set up Economy-Industry Headquarters amid the outbreak of the novel coronavirus in the country.