Wednesday, October 10 2018 18:12
Alina Hovhannisyan

Expert: Emotions will calm down and  real estate prices will decrease

Expert: Emotions will calm down and  real estate prices will decrease

ArmInfo."The activity in the real estate market of Armenia has been observed for a little over a year, in particular, the special revival has been more noticeable  over the past 8 months," said Marina Norayrovna Chatinyan, director  of the real estate agency "Bars". "Using the example of the agency's  activities, we can say that the growth in the number of real estate  purchase and sale transactions has increased by 15%," she said.

The expert associates positive changes in the domestic real estate  market, partly with trends in the global economy, which later led to  economic stabilization in Armenia. However, if in the summer from the  point of view of buying real estate in Armenia, the Russian diaspora  was more active, particularly during the crisis period, this time the  Western Armenians were more active and interested.  In connection  with the changes associated with the latest political events in  Armenia, M. Chatinyan noted that several emotional purchases were  made. However, the expert does not share the optimism about the new  global construction: "Although I would like to," she said. The  director of the agency explained that the situation will become  clearer when a certain time passes, the situation in the country  stabilizes, the government will move from words to concrete actions,  which will certainly lead to an increase in interest in real estate,  including commercial.

At the same time, the expert noted that the statement of Prime  Minister Nikol Pashinyan on the growth of real estate prices in  Armenia by 25% negative will affect the overall market situation. 

The expert expressed the hope that the situation in the country is  still stabilizing, which will lead to the activation of construction,  in particular, there will be new legislative initiatives and tax  breaks for developers and investors. "It's not for the words that  investors are operating, investing big money, but when the  corresponding field is already functioning," she said.

Meanwhile, according to the RA Statistical Committee, the average  market value of a multi-apartment building in Yerevan increased in  August 2018 by 10% per annum, reaching 287.7 thousand drams / 1 sq.   M. in the regions of Armenia, in August 2018, the cost increased by  9.2% per annum, amounting to 88.9 thousand drams / 1 sq. m.

In August 2018, 1,090 transactions on the sale and purchase of  apartments in multi-apartment buildings were carried out in Yerevan,  which is 21.6% more than a year ago. In general, in the republic in  the reporting period, transactions on the purchase and sale of  apartments in apartment buildings were carried out at 1,619, with an  annual growth of 19.5%. Of these, 529 transactions were concluded on  the sale of apartments in the regions of Armenia, which is more than  a year ago 15.3%. 

POST A COMMENT
Input digits     


News
Central Bank: Dram deposit base of Armenian commercial banks grows  over the past few yearsCentral Bank: Dram deposit base of Armenian commercial banks grows  over the past few years
Armenia is gradually getting off the transfer needleArmenia is gradually getting off the transfer needle
Armenian CB does not intend to change refinancing rate in the short  termArmenian CB does not intend to change refinancing rate in the short  term
Regulator: By the end of 2018, inflation in Armenia is expected to be  below the forecastRegulator: By the end of 2018, inflation in Armenia is expected to be  below the forecast
Representation expenses increased in Yerevan budget for 2019, while  financing of urban transport decreasedRepresentation expenses increased in Yerevan budget for 2019, while  financing of urban transport decreased
Expert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limitedExpert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limited
Government protects interests of Alaverdi residents, Prime Minister`s  Assistant assures Alaverdi copper smelter`s staffGovernment protects interests of Alaverdi residents, Prime Minister`s  Assistant assures Alaverdi copper smelter`s staff
Expert: Recruitment market in Armenia from the point of view of  supply and demand is sleepingExpert: Recruitment market in Armenia from the point of view of  supply and demand is sleeping
VTB Bank (Armenia), together with Visa payment system, launches  VTB Bank (Armenia), together with Visa payment system, launches  "profitable purchases" campaign 
"Potential" program launched in Armenia
Entrepreneurs` property will be highly protected: provisions of  government decree from 2017 are declared unconstitutional Entrepreneurs` property will be highly protected: provisions of  government decree from 2017 are declared unconstitutional 
``Electric Networks of Armenia`` took part in ADB event in Manila``Electric Networks of Armenia`` took part in ADB event in Manila
Tigran Sargsyan: It is important for EEC that the business community  can feel the benefits of using digital technologyTigran Sargsyan: It is important for EEC that the business community  can feel the benefits of using digital technology
IMF: It becomes more difficult for Armenia`s economy to grow faster IMF: It becomes more difficult for Armenia`s economy to grow faster 
Acting  Minister of Transport and Information Technologies and the  head of the EBRD Office in Armenia discussed the possibility of the  bank`s participation in the implementation of the Sevre-South projectActing  Minister of Transport and Information Technologies and the  head of the EBRD Office in Armenia discussed the possibility of the  bank`s participation in the implementation of the Sevre-South project
"Pol-Mot" Polish holding intends to organize a tractor manufacturing  enterprise in Armenia
First GLONASS server center opened in ArmeniaFirst GLONASS server center opened in Armenia
In the spring of 2019, with the participation of Czech capital in the  Armenian city of Amasia, a wool processing plant will appearIn the spring of 2019, with the participation of Czech capital in the  Armenian city of Amasia, a wool processing plant will appear
Military personnel insurance fund in Armenia summed up the results of  the year: the volume of paid compensation amounted to 771 million  dramsMilitary personnel insurance fund in Armenia summed up the results of  the year: the volume of paid compensation amounted to 771 million  drams
IMF recommends introducing new requirements for liquidity and capital  of Armenian banksIMF recommends introducing new requirements for liquidity and capital  of Armenian banks
Chinese scientists discuss prospects for cooperation with ArmeniaChinese scientists discuss prospects for cooperation with Armenia
"Valex" Group for two months postponed deadlines for breaking labor  agreements with employees of Alaverdi Copper Smelter
Armenian customs houses to work overtime in December to avoid queues  for customs clearance of cars Armenian customs houses to work overtime in December to avoid queues  for customs clearance of cars 
SRC  explained the procedure for calculating the tax on the income of  individuals when importing carsSRC  explained the procedure for calculating the tax on the income of  individuals when importing cars
PSRC approved the sale of the Armenian subsidiary Rostelecom in favor  of MTS Armenia. The amount of the transaction could be $ 22-25  millionPSRC approved the sale of the Armenian subsidiary Rostelecom in favor  of MTS Armenia. The amount of the transaction could be $ 22-25  million
Driver Protection League opposes auto import tax lawDriver Protection League opposes auto import tax law
ACBA Leasing initiated the first meeting of the beneficiaries of the  European Union E-FIX grant programACBA Leasing initiated the first meeting of the beneficiaries of the  European Union E-FIX grant program
Ministry of Energy: The owners of the project to build a new TPP  intend to attract affordable loans from the IFCMinistry of Energy: The owners of the project to build a new TPP  intend to attract affordable loans from the IFC
EU will provide Armenia with a grant of 7.5 million euros to finance  EU will provide Armenia with a grant of 7.5 million euros to finance  "Technical Cooperation Mechanism" program
CEO: Armenian Nuclear Power Plant fully complies with all  international standardsCEO: Armenian Nuclear Power Plant fully complies with all  international standards


Exchange rates
18.12.2018
RUB7.27-0.02
USD484.720.02
EUR551.422.30
GBP613.272.55
CAD361.70-0.58
JPY43.130.36
CNY70.400.06
CHF488.882.18


Experts
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report  on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care ofIgor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian touristAra Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President TrumpThe Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices downOutflow of population and passivity of the Diaspora pushes property prices down
Finombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and  non-creditworthy consumersFinombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and non-creditworthy consumers
Vahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distancesVahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distances
Gagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directionsGagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directions
Vitaly Nesis: Armenia is very promising from the geological point of viewVitaly Nesis: Armenia is very promising from the geological point of view
The market of OSAGO goes into virtual spaceThe market of OSAGO goes into virtual space
Ishkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banksIshkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banks
The second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP beginsThe second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP begins
Successful business is forging for years - to the jubilee of IC Successful business is forging for years - to the jubilee of IC "INGO Armenia"
Armen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasibleArmen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasible
Expert: Real estate market of Armenia started demonstrating weak  signs of recovery in I half-yearExpert: Real estate market of Armenia started demonstrating weak signs of recovery in I half-year
Amulsar: Ecology and РeopleAmulsar: Ecology and Рeople

Search by date

Government Bonds

 

ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

Commented
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of EnergyThe updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
Eurasian Development Bank wishes to expand its activities in ArmeniaEurasian Development Bank wishes to expand its activities in Armenia
$ 100 million to be invested in repatriation project Build Armenia$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is  a decisive factorFRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor
Suren Papikyan: It`s safe now to do business in Armenia, assures  Armenian MinisterSuren Papikyan: It`s safe now to do business in Armenia, assures  Armenian Minister
Armenian state debt started reducing up to $6.7 bln to June 1 2018Armenian state debt started reducing up to $6.7 bln to June 1 2018
Minister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two yearsMinister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two years
Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan 
German bank KFW urges Armenia to build power line in the direction to  GeorgiaGerman bank KFW urges Armenia to build power line in the direction to  Georgia
Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation 
IFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture MinistryIFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture Ministry
Rosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to RussiaRosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to Russia
Armenian nuclear power station has a resource for work for another 30  yearsArmenian nuclear power station has a resource for work for another 30 years
Premier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the countryPremier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the country
In Armenia, an online service has been activated that allows  calculating the cost of customs clearance of a carIn Armenia, an online service has been activated that allows calculating the cost of customs clearance of a car
Gyumri programmers won on hekaton Gyumri programmers won on hekaton "Innovative ideas for tourism development"
Armenian Lori opens a large international ski resortArmenian Lori opens a large international ski resort
A number of light and alcohol industry enterprises of Armenia will be  provided with state supportA number of light and alcohol industry enterprises of Armenia will be provided with state support
Expert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promiseExpert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promise