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In April, more than 4.7 thousand real estate purchase and sale transactions were made in Armenia, with the largest number of foreigners being Russian citizens
In April 2025, 4,778 real estate purchase and sale transactions were made in the Armenian real estate market, compared to 4,528 transactions in April 2024 and 4,258 in March 2025. YEREVAN, May 11. /ARKA/. In April 2025, 4,778 real estate purchase and sale transactions were made in the Armenian real estate market, compared to 4,528 transactions ...
06/11/2025Head of the Central Bank of Armenia named two main risks to financial stability
From the point of view of Armenia's financial stability, two main risks can be identified, one of which continues to be primarily caused by external conditions,... ... construction permits and housing construction volumes in recent years, against the backdrop of possible saturation of demand in the real estate market and a downward trend, could create a risk of excess supply. "At the same time, a large-scale increase ...
06/11/2025A slowdown in activity is possible in the Armenian real estate market - Martin Galstyan
The Central Bank of Armenia thinks that a slowdown in activity in the republic's real estate market is possible, said the head of the regulator, Martin Galstyan. YEREVAN, June 11. /ARKA/. The Central Bank of Armenia thinks that a slowdown in activity in the republic's real estate market is possible, said the head of the regulator,...
06/11/2025Bank lending to the Armenian economy showed a significant increase of 25.5% in 2024 - Central Bank head
... previous years, as well as the need to purchase durable goods for new apartments against the backdrop of high activity in the real estate market," he said. The head of the Central Bank noted that the growth in mortgage lending also remained at a high ... ... agency, he explained that the share of non-performing loans in the total portfolio is 1.2% According to the Union of Banks of Armenia, the loan portfolio of the RA banking system increased by 1.2 billion drams or 24% to 6.4 billion drams in 2024. ($1 - ...
06/11/2025Winner of “My Ameria, My Home” draw highlights benefits of Ameriabank
... me with a smile and shows care, even if there are issues. They have a special attitude toward each client,” Sargsyan said. Armenia is our common home Ameriabank’s Marketing and Communications Director, Rebecca Hakobyan, said that Ameriabank organizes ... ... that Ameriabank offers a variety of mortgage lending options to its clients. “We are active in both the primary and secondary real estate markets, providing loans for construction and renovation. We collaborate with the government on various programs. ...
03/28/2025Moscow to host first exhibition of elite new buildings in Armenia
For the first time in Russia, an exhibition and sale of elite real estate from Armenia will take place on April 12-13 at the Ararat Park Hyatt Moscow hotel. YEREVAN, March 11. /ARKA/. For the first time ... ... the primary goal of the event is not only to stimulate real estate sales but also to increase the recognition of the Armenian real estate market abroad, promote its investment attractiveness, and strengthen business ties between Russian and Armenian developers ...
03/11/2025About 5.2 thousand real estate purchase and sale transactions were made in Armenia, with the largest number of foreigners being Russian citizens
In December 2024, 5,909 purchase and sale transactions were concluded in Armenia's real estate market, compared to 4,871 transactions in December 2023 and 5,185 in November 2024, according to data from the National Statistical Committee of the country. YEREVAN, February 7. /ARKA/. In December 2024, 5,909 purchase and sale transactions ...
02/07/2025Armenian real estate market records slower price growth in December 2024 - Ministry of Finance
Prices in Armenia's real estate market continued to rise in December 2024, although the growth rate slowed compared to November. This is stated in the report "Review of Macroeconomic Developments: December 2024" by the Ministry of Finance of the Republic of Armenia....
02/04/2025More than 21 thousand deals made in Armenian real estate market in November
A total of 21,030 real estate transactions were concluded in Armenia in November 2024 against 20,552 transactions in November 2023 and against 22,120 transactions in September 2024, the National Statistical Committee said. YEREVAN, 15 January. /ARKA/. A total of 21,030 real estate transactions were concluded ...
01/15/2025Over 5.3K real estate transactions made in Armenia in October, most by Russians
In October 2024, 5,333 purchase and sale transactions were made in the Armenian real estate market, compared to 4,580 transactions in October 2023 and 4,643 in September 2024, according to data from the National Statistical Committee of the country. YEREVAN, December 9. /ARKA/. In October 2024, 5,333 purchase and sale transactions ...
12/09/2024October sees decline in Armenia's real estate market with 22.1K transactions
In October 2024, 22,120 transactions were made in the real estate market in Armenia, compared to 19,815 transactions in October 2023 and 19,494 transactions in September of the same year, according to data from the National Statistical Committee of the Republic. YEREVAN, December 9. /ARKA/. In October 2024, 22,120 transactions ...
12/09/2024Armenia records slower growth in real estate prices in September – Finance Ministry
Real estate prices in Armenia continued to rise in September, although the growth slowed compared to August. YEREVAN, December 6. /ARKA/. Real ... ... September last year)," the report notes. According to the National Statistical Committee, 19,494 transactions were made in the real estate market in Armenia in September 2024, compared to 17,253 transactions in September 2023 and 20,178 transactions in ...
12/06/2024Ameriabank Named Armenia’s Best Bank for Real Estate by Euromoney
Ameriabank has been recognized as Armenia’s best bank for real estate by an international financial publication Euromoney, becoming the first-ever recipient of ... ... commitment to building a comprehensive ecosystem that streamlines the home-buying process and fosters the growth of Armenia’s real estate market. We are deeply honored by this recognition and sincerely thank the Awards Jury for acknowledging our efforts ...
11/29/2024Armenia records around 19.5 thousand real estate transactions in september, with monthly decline noted
In September 2024, 19,494 transactions were made in Armenia’s real estate market, compared to 17,253 transactions in September 2023 and 20,178 transactions in August of the same year, according to data from the National Statistical Committee of the country. YEREVAN, November 8. /ARKA/. In September 2024, 19,...
11/08/2024About 21,600 transactions concluded in the real estate market of Armenia in July
According to the National Statistical Committee, 21,584 transactions were concluded in the real estate market of Armenia in July 2024, compared to 21,147 transactions in June of the same year. YEREVAN, September 6. /ARKA/. According to the National Statistical Committee, 21,584 transactions were concluded in the real estate market of Armenia in July 2024, compared ...
09/06/2024Armenia's Central Bank remains conservative on rate cuts, partly due to overheated property market - Freedom Broker Armenia head
Armenia's Central Bank remains quite conservative on rate cuts, given the protracted period of deflation/low inflation, Freedom ... ..., Chairman of the Central Bank Martin Galstyan told ARKA news agency that potential ‘overheating’ of prices in Armenia's real estate market in a bad scenario could reach up to 30%. Speaking about the consequences, he noted that if a very bad scenario ...
06/11/2024Over 20 thousand deals made on Armenian real estate market in March, showing monthly decline
A total of 20,222 deals were made on the Armenian real estate market in March 2024, compared to 21,159 deals made in February 2024 and to 19,200 deals made in March 2023, the National Statistics Committee of Armenia reported on Monday. YEREVAN, 13 May. /ARKA/. A total of 20,222 deals were made on the ...
05/13/2024Highest rate of real estate deals recorded in Armenia in February 2024
Some 21,159 real estate transactions were registered in Armenia in February 2024, the highest number over the last 14 years, Anna Nazaryan, Head of Market Analysis Department at the ... ... transactions were made in February, up 38.3% and 23.4% from February 2023 and January 2024 respectively. According to Nazaryan, the real estate market has been active during the last two years with increased number of property purchase and sale. -0-
04/10/2024More than 21,600 real estate market transactions made in Armenia in December 2023
Some 21,668 real estate deals were concluded in Armenia in December 2023, compared to 20,313 deals in December 2022 and 20,552 deals in November 2023, the National Statistical Committee reported. YEREVAN, February 8. /ARKA/. Some 21,668 real estate deals were concluded in Armenia in December 2023,...
02/08/2024A unified real estate register will be created in Armenia
A unified real estate register will be created in Armenia, Head of Cadastral Commission Suren Tovmasyan said today. YEREVAN, January 9. /ARKA/. A unified real estate register ... ... Armenia, Head of Cadastral Committee Suren Tovmasyan said today. "This will allow us to have a more realistic picture in the real estate market. Besides, real estate prices will also become more realistic," Tovmasyan told reporters. According to ...
01/09/2024World's largest American hotel chain to invest $30 million to build hotel complexes in Armenia
The world's largest American hotel chain Wyndham Hotels & Resorts will build in Armenia hotel complexes Wyndham Tsaghkadzor, Ramada Plaza by Wyndham, Wyndham Garden and Wyndham Grand Residences. ... ... developer company on long-term cooperation, which will lay the foundation for the development of a new segment in the Armenian real estate market - branded apartments. Wyndham Hotels & Resorts is one of the largest and most technologically advanced hotel ...
08/10/2023RBC tells about cons and pros of mass relocation of Russians to Armenia
According to Armenia’s Migration Service, more than 786 thousand Russians entered Armenia in the first ten months of 2022 and only 744 thousand ... ... Central Bank has already increased its inflation forecast from 4% to 10%. The authorities admitted that there are problems on the real estate market because of the sharply increased demand. According to real estate firms, since late February, the rent market ...
11/04/2022Grant Thornton: 31.4% of all real estate transactions in Armenia take place in capital Yerevan
Grant Thornton has conducted analysis of the real estate market in Armenia for already forth time. YEREVAN, April 6, /ARKA/. Grant Thornton has conducted analysis of the real estate market in Armenia for already forth time. This independent, comprehensive and trusted study provides an insight on the structure ...
04/06/2022EstateGuru opens technology center in Armenia (photos)
EstateGuru, the leading Pan-European marketplace facilitating property-backed short-term loans, has opened a technology center in Armenia. YEREVAN, February 10. /ARKA/. EstateGuru, the leading Pan-European marketplace facilitating property-backed ... ... Armenia into a regional center of technological progress. About EstateGuru EstateGuru was founded in 2013 by developers and real estate market experts to help entrepreneurs obtain financing by continuously offering investors a stable investment product....
02/10/2022EDB releases Macroeconomic Review report for October 2021
... macroeconomic forecasts and contains statistical information on the main macroeconomic indicators of the EDB member countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. YEREVAN, October 20. /ARKA/. The Eurasian Development Bank ... ... Fed's forecasts for a rate hike for 2022. A slowdown in the Chinese economy has also emerged on the agenda. The risks for the real estate market and the IT sector are most clearly manifested, but fundamentally we are talking about a long-term structural ...
10/20/2021ADB approves $1.3m initiative to help improve land resources management in Armenia
The Asian Development Bank (ADB) said it has approved a $1.3 million technical assistance (TA) initiative to support Armenia in developing a digital platform to host standardized data on land ownership and other geographic information to help ... ... an integrated platform for easy and remote access to transparent and accurate land information creates inefficiencies in the real estate market and in policymaking around national land use," said Cadastre Committee of Armenia Chairman Souren Tovmasyan....
04/12/2021Sustainability concept to become economic policy’s pivot after coronavirus – Hergnyan
The economy of Armenia is experiencing difficult times because of the crisis caused by the coronavirus. Different experts give a wide variety ... ... construction in recent years, judging by the data of the National Statistics Committee, does not show good results, and the real estate market is quite expensive for the average consumer, despite various programs. Prices are not falling, but only rising....
05/11/2020BSTDB president on Armenian economy, bank secrecy and global crises
In an exclusive interview with ARKA news agency, the President of BSTDB Dmitry Pankin speaks about the Armenian economy, the risks it faces, the volume of financing it can absorb and more. YEREVAN, February 18. /ARKA/. The Black ... ... debt, low rates ... D. Pankin - Low rates - so what? There are claims that bubbles are swelling in the securities market, the real estate market, and more. It is difficult to say how real these bubbles are, maybe this is a certain correction in the stock ...
02/18/2020Real estate buy and sell transactions performed by foreign citizens in Armenia in 2018 made 10.9% of the total
A Grant Thornton's recent analysis of the real estate market in Armenia, released in July 2019, is mainly based on the review of historical data. YEREVAN, August 1 /ARKA/. A Grant Thornton's recent analysis of the real estate market in Armenia, released in July 2019, is mainly based on the review of historical ...
08/01/2019National Mortgage Company has refinanced 11,000 mortgage loans over 10 years
Mortgage lending in Armenia has gained an unprecedented momentum. According to the Central Bank of Armenia, mortgage lending by banks has grown 34% ... ... taking into account our estimation of solvency, I can say that this probability is extremely low. ARKA – Do you think the real estate market is racing successfully against demand for mortgage lending? Vardumyan – Of course, demand at both primary ...
07/22/2019Armenian cadastre committee is revising cadastre value of real estate
Armenia’s State Real Estate Cadastre Committee has started a revision of the cadastral value of real estate across the country,... ... process is likely to result in a slight increase in the property tax. He said the revision is based on new trends in the local real estate market. According to him, the problem is that the current real estate tax is calculated based on prices established ...
06/05/2019Ameriabank expects a surge in mortgage lending
Armenia’s real estate market is set to revive with mortgage lending expected to surge, Arman Barseghyan, Ameriabank’s Retail Operations Director, said during an on-line press conference today. YEREVAN, October 18 /ARKA/. Armenia’s real estate market is ...
10/18/2018Home prices in Armenia expected to rise by 15% in 2019
If current trends in Armenia’s real estate market persist, home prices will see a 15% rise in 2019, the head of the Akcern real estate company Hakob Baghdasaryan said at a press conference on Friday. YEREVAN, August 3. /ARKA/. If current trends in Armenia’s real estate market ...
08/03/2018Home prices down in Armenia by 3.2 percent
Home prices in Armenia dropped by 3.2% over the past year, Ara Aduryan, the head of Oliver Group housing appraisal company, told journalists ... ... past year, Ara Aduryan, the head of Oliver Group housing appraisal company, told journalists on Monday. According to him, the real estate market in 2017 showed a stable dynamics, resulting in an increase in the number of registered home sales and purchases ...
01/22/2018Ameriabank: Armenia’s real estate market may start rallying thanks to downed loan interest rates
Decrease in lending interest rates at Armenia’s financial market spurs the real estate market, Arman Barseghyan, retail operations director at Ameriabank, said Wednesday at an online news conference. YEREVAN, November 29. /ARKA/. Decrease in lending interest rates at Armenia’s financial market spurs the real estate ...
11/29/2017German KfW bank may provide Armenia with 205 million euro loans in next few years to finance a variety of projects
The government of Armenian has okayed today the signing of a draft package deal with the German government-owned KfW bank under which the latter ... ... to enhance efficient use of energy by small and medium-sized businesses and another 20 million euro loan for boosting local real estate market.-0-
03/19/2015Average price for one square meter in residential blocks in Yerevan rises 6.1% in 2014 to AMD 320,000
... conference presenting the results of the agency's study based on market offers. He told journalists referring to the results of real estate market analysis that highest price rise was recorded in Avan District – about AMD 283,000 per one square meter ... ... one-to-four-room flats in apartment blocks in Yerevan. Oliver Group is planning to conduct a similar study on prices for apartments in Armenia's provinces. According to the Armenian State Real Estate Cadastre, the number of real estate transactions in the country ...
03/17/2015Real estate prices unlikely to go up in Armenia in 2015
Real estate prices are unlikely to go up in Armenia in 2015, Martin Sargsyan, head of Armenia's State Real Estate Cadastre told journalists on Friday. YEREVAN, January ... ... «Market itself regulates prices, but in my personal opinion, immovable property prices will not rise in 2015 since trading at real estate market not so cheerful now,» he said. Commenting on suppositions that real estate prices might rise because ...
01/23/2015Prices for residential houses in Armenia rise 0.8% in 2014 to AMD 273,600 per one square mete
Prices for residential houses in Armenia rose 0.8% in 2014 to AMD 273,600 per one square meter, Martin Sargsyan, head of Armenia's State Real Estate Cadastre told ... ... 2014 showing a 0.7% year on-year growth. Sargsyan also said that 39,221 sale-purchase deals were recorded at the country's real estate market in 2014 – 8.3% more than in 2013. Some 15,911 transactions were registered in Yerevan alone – 8.4% ...
01/23/2015Situation in Yerevan’s real estate market will remain steady until end of the year
The situation in Armenian capital city’s real estate market will remain steady until the end of the year, said today Artem Pribylsky, the director of Real Estate Exchange. YEREVAN, September 12. / ARKA /. The situation in Armenian capital city’s real estate market will remain steady ...
09/12/2014Estate prices largely same in Armenia in 2013: Committee on Cadastre
Real estate prices remained mainly unchanged in Armenia in 2013, deputy head of State Real Estate Cadastre Committee Ashot Musayan told a press conference Friday. YEREVAN,... ... Musayan has not revealed any numbers saying the final information will be released on January 25 when the results of a study on real estate market are ready. Mass influx of Syrian Armenians has not influenced the estate market as they do not buy property ...
01/17/2014Premier: 8.5-percent decline recorded in housing market in Jan.-Aug. 2013
Armenia’s real estate market faced a 8.5-percent decline in Jan-Aug 2013, Prime Minister Tigran Sargsyan said Thursday at a regular meeting of the Cabinet. YEREVAN, September 26. /ARKA/. Armenia’s real estate market faced a 8.5-percent decline in ...
09/26/2013Armenia’s housing market still stagnates
Armenia’s housing market is still stagnating, according to Hakob Baghdasaryan, head of Akcern real estate agency. Speaking at ... ... apartments waiting for the situation in their country to normalize so that they can go back,” he added. He said the real estate market in the provinces does not differ from that in Yerevan, not counting a small revival in sales of agricultural ...
04/16/2013Elections in Armenia didn’t affect real property market this time
Armenia’s presidential election 2013 didn’t affect the real estate market as the previous elections used to do, Gagik Makaryan, Head of Republican Union of Employers, told reporters on Tuesday. YEREVAN, April 16. /ARKA/. Armenia’s presidential election 2013 didn’t affect the real estate market ...
04/16/2013Armenia reports no significant changes in real estate market over past 2 years- Akcern head
No significant changes have been reported in Armenia’s real estate market over the past two years due to no update in the financial legislature, a head of Akcern corporation Hakob Baghdasaryan said Thursday. YEREVAN, November 1. /ARKA/. No significant changes have been reported in Armenia’s real ...
11/01/2012Mortgage deals in Armenia drop twice in 6 months – newspaper
The number of mortgage deals fell twice in Armenia within the second half of the year, according to the article published in Hayots Ashkharh (Armenian World) newspaper. ... ... in Armenia at the reported period against 1030 deals from a year earlier. In Yerevan mortgage deals dropped by 61%. When the real estate market faced the crisis, the responsible structures tried to activate it through mortgage lending: however, the positive ...
08/24/2012Armenia’s real estate market not impacted by Syrian and Iranian factors yet- expert
The situation in Iran and Syria hasn’t had an impact on real estate market of Armenia yet, Director of Alternative analytical center, professor Tatul Manaseryan said Monday. YEREVAN, July 10. /ARKA/. The situation in Iran and Syria hasn’t had an impact on real estate market of Armenia yet, Director of Alternative analytical ...
07/10/2012Vice-premier of Armenia: interstate cooperation between CIS countries in the sphere of geodesy, cartography and cadastre to be expanded
Interstate cooperation between CIS countries in the sphere of geodesy, cartography and cadastre will be expanded, said Armenian Vice-Premier, Minister of Territorial Administration Armen Gevorgyan. YEREVAN, June 8. /ARKA/. Interstate cooperation ... ... exchange of the real estate subject. Such a development can serve a pre-condition for strengthening cooperation in the sphere of real estate market, increase of investment attraction of real estate markets of CIS participant-countries. “I am confident ...
06/08/2011Real Estate Market in Armenia Gradually Rallying
The real estate market in Armenia is gradually rallying after stagnation, Ashot Musayan, deputy head of the Armenian State Real Estate Cadastre, said Thursday at a briefing in Armenian government. The real estate market in Armenia is gradually rallying after stagnation, Ashot ...
08/13/2010Central Bank chairman: mortgage demand in Armenia $150 million now
Mortgage demand in Armenia amounts to $150 million now, Armenian Central Bank Chairman Arthur Javadyan said at a press conference on Monday. YEREVAN,... ... housing prices went 7 to 10% down in drams and 30% in foreign currencies. “I don’t think prices will fall again on real estate market.” In his opinion, this is the very moment for real estate market to make a rally. The price for one ...
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