AVERAGE PRICE OF RESIDENTIAL BUILDINGS' APARTMENTS GROWS BY
23.5% IN YEREVAN IN FIRST HALF OF 2007 ON SAME PERIOD OF LAST
YEAR
14-08-2007 22:00:00 | Armenia | Economy
YEREVAN, AUGUST 14, NOYAN TAPAN. Out of 7,029 transactions
on sale and purchase of real estate in Yerevan in January-June
2007, 4,698 transactions were conducted with respect to
apartments of residential buildings. According to the RA
National Statistical Service, the number of sale and purchase of
residential buildings' apartments in Yerevan grew only by 0.5%
as compared with the same period of last year.
The average market price of one square meter of residential
buildings' apartments in Yerevan made 241.3 thousand drams
(about 690 dollars) in the first six months of 2007, increasing
by 23.5% as compared with the same months of 2006.
The highest index of average market prices of a square
meter of residential buildings' apartments in Armenian marzes
(regions) was registered in the city of Abovian (Kotayk region)
- 134.4 thousand drams in January-June 2007, while the lowest
index - 3,000 drams was registered in the city of Shamlugh (Lori
region).