YEREVAN, October 2. / ARKA /. The State Committee of Real Estate Cadastre said the number of real estate transactions in 2012 July fell by 0.9 percent from the previous month of June to 14, 048, but compared to the same month in 2011 it represented a 0.6 percent rise.
About 38 percent of all real estate transactions in the reporting period were registered in Yerevan - and the lowest number in Vayots Dzor province, which accounted for only 2.2%. Some 12.2% of all transactions were made in Kotayk, 5.8% in Lori, 8.2 percent in Gegharkunik, 5.9 percent in Armavir and as many in Shirak. Aragatsotn provinces accounted for 7% of the total number of transactions, Ararat for 6.7%, Tavush and Syunik for 3.5% and 5% respectively.
According to the State Cadastre numbers, 28.3% of all transactions were sale and purchase of homes while 12.7% were the so-called primary registration of real estate. Also some 10.6% of all transactions were inheritance of homes, 14.6% were mortgage deals and 4.9% rents. It is noteworthy that no privatization transaction of immovable property was concluded in July.
The average market price of a square meter of living space in apartment buildings in Yerevan in July rose by 0.4 percent from June to 258,400 drams. The highest price per one square meter of living space was in Yerevan’s Kentron district- 415,050 drams, and the lowest in Nubarashen district- 140 200 AMD. The average price of a square meter of living space in private homes in Yerevan rose to 275,600 from 274,800 in June.
The average prices of a square meter of living space rose by 0.4 percent in Masis, Vedi, Ararat, Gavar, Martuni, Vardenis Chambarak, Stepanavan, Tashir, Artik, Maralik, Meghri, Agarak, Vayk, Yeghegnadzor, Jermuk, Ijevan and Berd. The highest price per square meter outside Yerevan was in Tsakhkadzor (295,000 AMD), the lowest - in Dastakert and Shamlugh (8000 drams). ($1 - 407.09 drams).-0-