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Bank Maskan Eases Home Ownership

EghtesadOnline: Bank Maskan, the agent bank of the housing sector, has eased conditions for its key target audiences, namely people tapping into its housing bonds scheme and citizens living in distressed areas.
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Publish Date:07/February/2018 | 07:01

Maskan to Tap Capital, Leasing Markets

EghtesadOnline: Employing the potentials of the capital market and leasing facilities will be two of the new approaches of Bank Maskan, the agent bank of the housing sector, in the next fiscal year (starting March 21) to finance the ailing sector as it struggles to come out of the stagnating waters.
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Publish Date:30/January/2018 | 15:13

Upbeat Outlook for Housing Bonds

EghtesadOnline: Bank Maskan, the agent bank of the housing sector, is upbeat about emerging out of its years-long stagnancy, as 14.2 million housing bonds have been traded by the end of the 10th month of the current fiscal year on Jan. 20.
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Publish Date:24/January/2018 | 09:56

Private Sector Housing Investment Rises

EghtesadOnline: The volume of investments made by the private sector in Tehran’s ailing housing sector in the first half of the current fiscal year to Sept. 22 has registered a 34.8% increase compared with the same period of last year, the governor of the Central Bank of Iran announced.
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Publish Date:21/January/2018 | 09:49

Gov’t Supports Maskan Becoming Development Bank

EghtesadOnline: Bank Maskan, as the country’s only specialized lender in the housing sector, will be supported by the Iranian government, particularly the Ministry of Roads and Urban Development and the Ministry of Economic Affairs and Finance, to increase its capital and become a development bank.
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Publish Date:21/January/2018 | 09:07

Ministry Forecasts Stable Housing Outlook

EghtesadOnline: The Iranian housing sector is witnessing a notable increase in residential deals in a sign of imminent recovery, but a deputy roads and urban development minister said this will not translate into higher prices.
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Publish Date:21/January/2018 | 08:51

260,000 Homes Funded by Maskan in 9 Months

EghtesadOnline: Bank Maskan, the agent bank of the housing sector, has allocated loans for the construction and purchase of 260,000 residential units in the first nine months of the current fiscal year to Dec. 21.
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Publish Date:21/January/2018 | 08:36

Call for Helping Housing Sector

EghtesadOnline: A member of Majlis Development Commission has called on all related organizations and executive bodies in the country to help provide residential units to different strata of society.
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Publish Date:14/January/2018 | 10:47

Mortgage Monopoly Ends as New Players Enter

EghtesadOnline: The entry of new banks in the housing sector–formerly monopolized by Bank Maskan–will foster competition and lower mortgage rates, a member of Majlis Development Commission said.
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Publish Date:14/January/2018 | 08:25

Calm Housing Market Forecast for Tehran in Fiscal H2

EghtesadOnline: The Iranian housing sector, which has just entered a pre-boom phase after a five-year recession, will not register a notable fluctuation in home prices in the second half of the current fiscal year to March 2018, a board member of Bank Maskan, the agent bank of the housing sector, said.
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Publish Date:23/October/2017 | 10:13

10 Million Homes Needed in Next Decade

EghtesadOnline: According to projections made in the government’s comprehensive plan for the housing sector, one million residential units must be built annually for the next 10 years, a deputy roads and urban development minister said.
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Publish Date:23/October/2017 | 09:42

Ministry Pushing for Housing Leasing

EghtesadOnline: The Ministry of Roads and Urban Development is planning to tweak regulations to activate leasing companies in the housing sector in order to undertake market recovery, a high-ranking official at the ministry has announced.
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Publish Date:03/October/2017 | 11:58

Plan to Make Home Loans More Affordable

EghtesadOnline: The administration of President Hassan Rouhani is mulling new measures to make home loans more appealing to first-time homebuyers, as it seeks to lift the key housing sector out of the doldrums after enduring a period of negligence over the past four years.
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Publish Date:27/September/2017 | 11:38

New Financing Tools for Housing Sector

EghtesadOnline: The Ministry of Roads and Urban Development is coming up with innovative tools to finance the key housing sector in the coming years, its deputy for housing said.
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Publish Date:16/September/2017 | 03:51

Tehran Home Sales at Three-Year High

EghtesadOnline: After four years of a stubborn downturn in the Iranian housing sector, Tehran finally broke the chains as its home sales hit a 39-month high in a sign that the key sector's recovery has begun in earnest.
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Publish Date:02/September/2017 | 13:48

Cheap Housing Renovation Loans for Distressed Areas

EghtesadOnline: Bank Maskan, as the agent bank in the housing sector, is now offering loans for renovation of residential units in old parts of cities with an interest rate of 12% which, according to a top official with the Ministry of Roads and Urban Development, will considerably improve the reconstruction process in distressed areas.
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Publish Date:15/August/2017 | 16:31

Encouraging Home Ownership Tops Akhoundi’s Agenda

EghtesadOnline: Despite his critics' assertions to the contrary, President Hassan Rouhani regards Abbas Akhoundi as the best choice to rescue the stagnant housing sector–a job he has been pursuing for the last four years.
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Publish Date:15/August/2017 | 14:16

Iran Housing Market: Sales Down, Rents Up

EghtesadOnline: The prolonged stagnation in Iran’s housing sector, which started in March 2012, has persisted through the summer of 2017 as housing deals across the country are declining while rents are outpacing the inflation rate.
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Publish Date:29/July/2017 | 11:50

Relative Stability in Rents Predicted

EghtesadOnline: Rents will not experience a significant increase this year, as the presidential elections on May 19 will give impetus to the beleaguered housing sector, the head of Tehran Association of Realtors said.
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Publish Date:13/May/2017 | 09:26

Iran Housing Sector in Danger of Sliding Back Into Recession

EghtesadOnline: Iran’s housing sector will soon slide back into recession in view of ongoing volatilities in the foreign exchange market, which have rocked prices during the past few months, the deputy of Tehran Association of Realtors said.
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Publish Date:07/August/2018 | 06:07