Oct 13, 2001, 12:01 AM
News Code: 9031862
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prices housing in rise than higher rate inflation Average Urban and Housing of Minister Deputy -- IRNA 13, Oct Tehran, average the that Saturday here said Darvishzadeh Fereydoun Development time a at percent 1.18 around been have prices housing of rise annual .annually percent 8.24 about averaged has inflation when he Iran, in development housing on seminar 8th the at Speaking economic of times at dramatically risen have prices housing that added .rate inflation the than less increased have whole, the on but, booms, Housing National of Director Managing also is who Darvishzadeh, an Revolution Islamic the following that added Organization, Land and both in annually constructed were units housing 460,000 of average has index density housing result, the As .areas rural and urban .said he later, decades two 15.1 to 1977 in 27.1 from dropped constructed be will units housing 3,111,400 that estimated also He (2005 2000-March March) Plan Development Five-Year Third the the in .plan the of end the by 12.1 to index density the lower will which the in units housing 710,000 building envisions plan the said He equivalent 'amount an investing requires which plan the of year last .years' 20 last the of capacity production total the of percent 50 to of issuance include review under which projects two that said He market mortgage secondary a setting-up and bonds construction re-sale housing country's the efficient more make and stabilize to aiming .market Minister seminar construction and housing a at April, in Earlier in that said Abdol-Alizadeh Ali Development Urban and Housing of Urban and Housing of Ministry the system, banking the with conjunction Iranian to projects housing offer to schemes on working is Development .expatriates abroad, residing Iranians that hope expressed minister The be will states, littoral Gulf Persian the in living those particularly their on draw to able be will Iran and scheme the in interested .capital facility banking of ceiling the said Abdol-Alizadeh Also, 510,000 of Out .insufficient is sector housing the to allocated (20 March ended) year Iranian last the during built units residential .added he loans, construction bank used percent 50 than less Iran, in that said seminar the in speaker another Darvishzadeh, Meanwhile, .1997-2000 period the in percent 14 by rose prices housing average the higher percent four to three were prices housing the that IRNA told He .year Iranian last the in rate inflation the than the of portion small a has government the that said Darvishzadeh 5.3 or billion 2,000 rls with market, housing the in investments total .sector the in invested capital total the of percent NB/AH End