In the regions of Armenia, prices for apartment blocks in first half  of 2018 increased by 2.6%

ArmInfo. The average market value of a multi-apartment building in the regions of Armenia increased by 2.6% per annum for the first half of 2018, making 87  thousand drams / 1 sq.m. This is evidenced by the data of the State  Committee of Real Estate Cadastre.

According to cadastral data, the highest prices for apartments in the  regions are traditionally recorded in the resort city of Tsakhkadzor  - 280.4 thousand drams / 1 sq. M. on average, with an annual decline  of 36%.  Then follows Mr. Abovyan, where the price of multi-apartment  buildings is fixed at 156.1 thousand drams / 1 square meter, with an  annual growth of 3.1%. And the third leader is the city of  Baghdasapat with the cost per square meter of the apartment of 121.3  thousand drams, with an annual decline of 15.3%.

The lowest prices were recorded in Dastakert (Syunik region) - 22.2  thousand drams / 1 sq. M., With an annual growth of 2.7 times,  followed by the city of Tumanian (Lori region) - 23.1 thousand drams  / 1 sq.  Km. m., which is two times higher than the indicator of a  year ago, and Shamluh (Lori area) - 28.2 thousand drams / 1 square  meter with an annual growth of 3.5 times.

In the regions of Armenia, during the first half of the year 2018,  2,318 transactions were carried out for the purchase and sale of  apartments in multi-apartment buildings, of which 5.7% are located in  rural areas. In the annual section, this indicator decreased by 25%.

Note that henceforth in the reports of the State Committee for Real  Estate Prices data on private data will not be published. The prices  in the reports of previous periods are also adjusted in connection  with the calculation of the new methodology in order to ensure  comparability with the reporting period under consideration.