Monday, February 13 2012 21:54
82% of mortgage transactions in Armenia fall on apartment houses
ArmInfo. In 2011 82% of the mortgage transactions fell on apartment houses. The State Committee of the Real Estate Cadastre of Armenia told ArmInfo that 13.7% of the mortgage transactions were concluded with private houses, 1.9% - with the facilities for public purposes, 0.4% - with production facilities, 0.3% - with garages, 0.9% - with country houses, 0.8% - with land plots.
Over Jan-Dec 2011 a total of 2165 mortgage transactions were concluded in Armenia, of them 1614 in Yerevan.
According to the source, in 2011 the number of mortgage transactions grew by 24.4% (26.2% growth in Yerevan, and 19.3% growth in the regions).