ArmInfo. The average market value of the apartment building in the regions of Armenia increased in Q1 2019 by 4.1% per annum, making 89.2 thousand drams / 1 sq.m. According to the data of the State Committee of the Real Estate Cadastre of the Republic of Armenia, in the first quarter alone the price for regional apartment buildings increased only by 0.7%.
According to the source, the highest prices for apartments in the regions are traditionally fixed in the resort town of Tsakhkadzor - 283.6 thousand drams / 1 sq. M. on average, with an annual growth of 2.8% with a quarterly decline of 0.3%. Then follows the city of Abovyan, where the price for apartment buildings is fixed at the level of 166.3 thousand drams / 1 sq. M., With an annual growth of 6.2% and quarterly - by 1.1%. And the three leaders are closed by the city of Goris, where the cost per square meter of the apartment is 139.7 thousand drams, with an annual growth of 8.1% and a quarterly increase of 1.8%. The lowest prices are fixed in the city of Dastakert (Syunik region) - 21.4 thousand. drams / 1 sq.m., with an annual decline of 7.4% with a quarterly change. Next comes the town of Tumanyan (Lori region) - 23.8 thousand drams / 1 sq. M., With an annual growth of almost 2 times and a quarterly increase of 1.3%. Low prices for apartments were also recorded in Shamlukh - 28.3 thousand drams / 1 sq. M., With an annual growth of 0.7% with a quarterly change.
In the regions of Armenia in the first quarter of 2019, 6,469 real estate purchase and sale transactions were carried out, of which 20.2% or 1308 transactions fell to the sale and purchase of apartments in multi- apartment buildings, which is 16.4% more than a year ago, but lower than the figure previous quarter by 14%.
It should be noted that the State Committee of the Real Estate Cadastre of the Republic of Armenia, starting with the data for the first quarter of 2018, changed the report format and calculated real estate prices using the new methodology, in which information on the prices of private houses is missing and will not be published any more.