Tuesday, December 18 2012 21:28
Apartment purchase and sale transactions in Yerevan grew to 2,734 in Oct 2012
ArmInfo. In October 2012 a total of 17,413 transactions were registered in the property market of Armenia (34.4% growth versus Sept 2012, 9.3% growth versus Oct 2011), the Armenian State Committee of Real Estate Cadastre says.
The source says that most of the transactions were registered in Yerevan (37.8% of the total number of transactions). As regards the regions, the biggest share of transactions in October was fixed in Kotayk region - 11.5 % and Ararat region - 11%. The lowest share of the transactions was fixed in Vayots Dzor region -1.7%.
A total of 4,554 real estate alienation transactions were registered in Oct 2012, with 77.1% being purchase or sale, 22.2% donation, 0.7% exchange. 2,021 of the transactions were carried out with flats, 1,490 ones with private houses.
Some 2,734 real estate purchase transactions were registered in Yerevan in Oct 2012, of which 58.4% or 1,597 were transactions for buying flats and 41.6% or 1,137 transactions for buying private houses. In the regions the indices were 777, 424 and 353, respectively.