Monday, January 9 2012 19:38
In Nov 2011 average price of one sq m of housing in Yerevan grew by 1%
ArmInfo. In Nov 2011 the average price of one square meter of housing in Yerevan grew by 0.82%. As compared with Nov 2010 the price dropped by 2.52%. One sq m in apartment houses grew by 0.51% to 258,000 AMD, one sq m in private houses by 1.13% to 277,200 AMD.
The State Real Estate Cadastre Committee of Armenia reports that in the Center community one sq m in apartment houses cost 452,000 AMD (the highest price), in the Nubarashen community - 140,100 AMD (the lowest price). The highest private housing prices were registered in the Center and Arabkir communities – 470,000 AMD and 372,200 AMD, respectively, the lowest price in the Nubarashen community - 144,800 AMD.
The highest monthly growth in housing prices was registered in the Center community – 3.65%, the biggest drop in the Avan community - 2.69%.