According to the latest report from the Statistical Center of Iran, inflation in the housing sector in Tehran exceeded 86 percent in the month of Aban.
The Statistical Center of Iran has focused on inflation in the housing sector in the capital city of Iran in its latest report.
According to this report, the inflation rate for residential apartments in Tehran reached over 86 percent for the twelve months ending in Aban, which had a 7.1 percent increase compared to the month of Mehr.
According to the announcement by the Statistical Center of Iran, the price of residential apartments in Tehran in Aban of this year was 69 percent higher compared to the same month last year.
It has been stated that the average selling price of residential apartments in Tehran last month was determined to be 80 million and 680 thousand Tomans.
The term ‘average selling price’ refers to the ratio of the total value of sold properties to their total area in a specific area.
Many statistics indicate that housing construction in Iran is not proportional to market demand.
Iranian President Ebrahim Raisi has always promised to build one million houses annually, but it has not been fulfilled so far.
