Prices for private houses in Armenia up 1% in Q1

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Economy

02.05.2013, 18:28

Average market prices for private houses in Armenia’s regions climbed 1% in the first quarter 2013, compared to 4Q 2012, according to the report of the State Committee of Real Property Cadastre of Armenia.

Prices for private houses in Armenia up 1% in Q1

YEREVAN, May 2./ARKA/. Average market prices for private houses in Armenia’s regions climbed 1% in the first quarter 2013, compared to 4Q 2012, according to the report of the State Committee of Real Property Cadastre of Armenia.

The report shows 1,106 purchase/sell deals were made in the reported period, of them 294—in Yerevan.

Dastakert (Syunik region) reported the lowest prices for private houses in 1Q – 11,600 drams per 1 sq. m, and Tumanyan (Lori region)—12,000 drams per 1 sq. m.

The highest prices within the reported period were recorded in Tsakhkadzor (Kotayk)—305,000 drams per 1 sq.m. ($1 – 411.50 drams). -0-

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