Real estate market overview in the first quarter | Financial tribune



The average consumer price index for apartment rentals in urban areas for the four quarters to June 21, which marks the end of spring, rose 28.8% over the corresponding period last year.
The Statistical Office of Iran has estimated the annual inflation rate for the previous quarter (winter) ending March 20 at 27.5%.
The highest and lowest average annual inflation rates were recorded in the provinces of Hamadan and Sistan-Baluchistan – 38.3% and 13.6%, respectively.
According to the SCI report, the CPI for rental levels in urban areas (using the Iranian year to March 2017 as the base year) reached 226 in the first quarter of the current Iranian year (March 21 – June 21), representing an increase of 3.5% … compared to the previous quarter.


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