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Housing price in Armenian capital Yerevan on the rise

20.12.2019, 18:45
In 2019 November the average market price of one square meter of housing in apartment buildings in Yerevan was 13.7% higher when compared to November 2018, the  Armenian Cadastre Committee reported.  
Housing price in Armenian capital Yerevan on the rise
YEREVAN, December 20. /ARKA/. In 2019 November the average market price of one square meter of housing in apartment buildings in Yerevan was 13.7% higher when compared to November 2018, the  Armenian Cadastre Committee reported.  It said when compared to October 2019, the price was higher by 2.2%.   

The highest price in the reporting period were recorded in Kentron  administrative district  - 644,200 drams per square meter, the lowest - in Nubarashen district - 185,500  drams.   

The average cost of a square meter of housing in apartment buildings in the regions increased by 4.7% compared to November 2018.   

The highest price per square meter of housing was recorded in the mountain resort town of Tsaghkadzor -282,500 drams and the  lowest  in Dastakert community in the southern region of Syunik - 20,000 drams. ($ 1 - 478.35 dram). -0-