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Real State Prices Go Up

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  • Real State Prices Go Up

    Armenpress

    REAL ESTATE PRICES GO UP

    YEREVAN, NOVEMBER 10, ARMENPRESS: In the first nine
    months of 2006 prices of apartments in high-rise
    blocks in Yerevan surged nearly 30 percent from a year
    ago ranging between 54,300 Drams to 900,000 Drams for
    one square meter of housing space.
    The price growth was even higher in other towns of
    the country springing up to 42 percent. The state-run
    cadastre committee said 90, 200 transactions were
    concluded in real estate market over these nine
    months, 2 percent down year-over-year.
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