Prices for private houses in Armenia jumped 0.7% over 11 months

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Economy

09.01.2013, 11:49

Average market prices for private houses in Armenia’s regions climbed 0.7% in January-November 2012 compared to the same period a year earlier, according to the report of the State Committee of Real Property Cadastre of Armenia.

Prices for private houses in Armenia jumped 0.7% over 11 months

YEREVAN, January 9. /ARKA/. Average market prices for private houses in Armenia’s regions climbed 0.7% in January-November 2012 compared to the same period a year earlier, according to the report of the State Committee of Real Property Cadastre of Armenia.

The report shows 4420 purchase/sell deals were made in the reported period, of them 1264—in Yerevan.

Dastakert (Syunik region) reported the lowest prices for private houses over the 11 months – 11,600 drams per sq. m, and Tumanyan (Lori region)—12,100 drams per 1 sq.m.

The highest prices within the reported period were recorded in Tsakhkadzor (Kotayk)-- 304,500 drams per 1 sq.m. ($1 – 403.58 drams). -0-

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