Over 15,000 real estate transactions occur in Armenia in May
02.07.2015,
13:42
The number of real estate transactions in Armenia in May has slashed by 14.3 percent from May 2014 to 15,400, according to the State Committee of Real Estate Cadastre.
YEREVAN, July 2. /ARKA/. The number of real estate transactions in Armenia in May has slashed by 14.3 percent from May 2014 to 15,400, according to the State Committee of Real Estate Cadastre.
The number of transactions in May 2015 was 2% less when compared to the month before, it said.
The largest number of real estate transactions was registered in Yerevan – 33.7% of the total number. Vayots Dzor province accounted for the smallest number - 2.7%.
Kotayk region accounted for 11.5% of the total number of transactions, Armavir – for 6.9%, Ararat – for 7.3%, Lori – 9%, Gegharkunik – for 6.3%, Shirak – for 6.2%, Aragatsotn – for 5.9%, Syunik –for 5.4%, and Tavush – for 5.1%.
According to the official data, 25.9% of transactions in May 2015 were alienation of real estate and 12% were initial registration.
Also some 10.7% were inheritance transactions, 8.8% were mortgage transactions, 3.9% were rentals and 38.7% were other real estate deals. –0--
The number of transactions in May 2015 was 2% less when compared to the month before, it said.
The largest number of real estate transactions was registered in Yerevan – 33.7% of the total number. Vayots Dzor province accounted for the smallest number - 2.7%.
Kotayk region accounted for 11.5% of the total number of transactions, Armavir – for 6.9%, Ararat – for 7.3%, Lori – 9%, Gegharkunik – for 6.3%, Shirak – for 6.2%, Aragatsotn – for 5.9%, Syunik –for 5.4%, and Tavush – for 5.1%.
According to the official data, 25.9% of transactions in May 2015 were alienation of real estate and 12% were initial registration.
Also some 10.7% were inheritance transactions, 8.8% were mortgage transactions, 3.9% were rentals and 38.7% were other real estate deals. –0--
