Housing Sector
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Iran Housing Sector Acts as Brake on Runaway Inflation
EghtesadOnline: The point-to-point inflation rate of the housing sector was significantly lower than that of other sectors during Mehr, the seventh month of the current Iranian year that ended…
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Tehran Grabs One-Third of All Home Loans to Iranian Provinces
EghtesadOnline: Tehran received about one-third of all home purchase loans allocated to Iranian provinces during the first half of the current fiscal year (March 21-Sept. 22), latest data released…
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Iranian Elevator Manufacturers Look Beyond Borders
EghtesadOnline: Iran’s elevator manufacturing companies have the capacity to build 80,000 elevators annually, but currently they manufacture only 30,000 due to the prevailing recession in the…
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Iran Housing Construction Trends Roiled by Currency Crisis
EghtesadOnline: New figures show that due to volatile currency fluctuations in recent months, which triggered steep price surges in the housing market and threatened the long-term outlook of…
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Bank Maskan Loans Reach Record High
EghtesadOnline: As Iran's housing sector is hard at work fighting off a returning recession triggered by the currency crisis, the state-run agent bank of the sector is pumping out facilities…
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Iran's Housing Sector Rocked by Currency Crisis
EghtesadOnline: After enjoying a short period of growth on the back of stable outlooks and government support, Iran's housing and construction sector has once again contracted in the first six…
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Iran Housing Market Bracing for Double-Dip Recession: Aug-Sep 2018 Report
EghtesadOnline: New data show property deals in Iran are on a downward trajectory, suggesting that the housing sector may be facing another bout of recession.
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Iran: Home Loans Surge by 19%
EghtesadOnline: Latest figures disclosed by Bank Maskan, the agent bank of Iran’s housing sector, indicate that the lender has upped the volume of its loans, as the housing market, especially…
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Short-Term Deposits Top Bank Maskan Resources
EghtesadOnline: Bank Maskan, the agent bank of Iran’s housing sector, has released the latest report on its resources and expenses, indicating that its customers mostly favor short-term deposits.
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Bank Maskan Mulls Offering Bigger Loans With Lower Interests
EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost…
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Iran: Return of Housing Recession Likely
EghtesadOnline: Experts believe Iran's housing sector is already showing signs of sliding back into recession after enjoying only nine short months of booming activities.
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Iran Home Loans Surge by 52.8%
EghtesadOnline: Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.
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Central Bank of Iran: Private Housing Investments Rise
EghtesadOnline: The uptrend in private sector investments in the housing sector is the conclusive sign that the long-ailing sector is enjoying a boom period, a senior official at the Ministry…
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Iran Offers Tax Exemption for Small Homes
EghtesadOnline: The government plans to lift tax on the construction and renting of small homes as part of measures to spur the housing sector, the minister of roads and urban development said.…
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Bank Maskan Mulls Home Loan Proposals
EghtesadOnline: Bank Maskan, the agent bank of the housing sector, is considering two proposals to sweeten a home loan offer for revitalizing the stagnant housing market and boosting demand from…
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Iran's Q1 Housing Loans Surge 32%
EghtesadOnline: Facilities allocated to Iran's housing sector during the first quarter of the current fiscal year to June 21 increased both in terms of volume and value, the central bank's data…
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Private Investments in Housing Sector Up 12.4%
EghtesadOnline: The latest data disclosed by the Central Bank of Iran show that private sector investment in the housing sector increased during the first half of the previous fiscal year to…
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82% Rise in Q1 Housing Loans
EghtesadOnline: Bank Maskan, the agent bank of Iran’s housing sector, has released its latest performance report showing that the number of loans it allocated to applicants during the first quarter…
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Bank Maskan Keen on Revitalizing Housing Sector
EghtesadOnline: Bank Maskan CEO Abolqasem Rahimi Anaraki announced plans to revitalize the housing sector by helping balance supply and demand.