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Flats in Yerevan Rose in Price 37.8% in March 2005

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  • Flats in Yerevan Rose in Price 37.8% in March 2005

    FLATS IN YEREVAN ROSE IN PRICE 37.8% IN MARCH 2005


    YEREVAN, APRIL 23. ARMINFO. In March 2005 the average price for a sq.m
    of flats in Yerevan totaled $290.2, which is 37.8% higher than the
    indicator for march 2004 and by 6.7% higher than in indicator for Feb
    2005.

    The State Realty Register Committee for Armenia informs ARMINFO that
    the average price for 1 sq/m of apartments totaled $580 in the
    community Center, , in the communities of Arabkir - $450.5,
    Kanaker-Zeytun - $275.5, Nor Nork $290, Avan $240, Erebuni $220,
    Shengavit - $269, Davidashen - $290, Achapnyan - $259, malatia
    Sebastia $256, Nubarashen $103.5.

    In parch 2005, 95 transactions of purchase-and-sale of private houses
    were effected. This indicator in March 2004 decreased 25.2% and as
    compared to Feb 2005 it grew 11.8%. The average price for 1 sq/m of
    living space at private houses in Yerevan grew 34.1% in the year, and
    6.8% in Mar as against Feb. As for March 2005, 1 sq/m of living space
    at private houses in Yerevan totaled $303.9 in average, including in
    the communities of Center - $588, Arabkir - $455m Kanaker-Zeytun -
    $278, Nor Marash $375.9, Avan $243, Erebuni $223, Shengavit - $274.5,
    Davidashen - $293, Achapnyan - $263, Malatia Sebastia $259, Nubarashen
    $106.5.
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