File - In this April 4, 2015 file photo, Iranian and U.S. banknotes are on display at a currency exchange shop in downtown Tehran, Iran. (AP Photo/Vahid Salemi, File)
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After a year of trying, Iranian real estate agent Javad Baratloo had finally found a buyer for a large home and garden in central Tehran. A price was agreed and contracts prepared – the only thing missing was the seller, who wasn't answering his phone.Prices for real estate successfully sold in the month to Feb. 19 rose an average of 5 percent from the previous period, it said.They were up 21 percent from a year ago, a marked shift from five years of flatlining, and in line with the rial's losses in the period.Apartments changed hands for an average of 55 million rials per square meter, according to another daily, Hamshahri, a 22.3 percent annual rise. The 2015 nuclear deal was supposed to spark the Iranian economy into life.Amid efforts to keep it from slipping again, some currency-exchange houses are limiting transactions to a few hundred dollars, and at those offering more attractive rates buyers often have to queue for hours.
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