Deals on sale and lease of agricultural land are growing rapidly in  Armenia

 Tuesday, August 17 2021 18:06:00
Deals on sale and lease of agricultural land are growing rapidly in  Armenia

ArmInfo.63,173 real estate transactions were carried out in the regions of Armenia in H1 2021, with an annual growth of 29.2%. At the same time, according to the RA  Real Estate Cadastre State Committee, the number of real estate  purchase and sale transactions in the regions increased by 24.2% per  annum to 17,387, and rent - by 6.6% to 2,824.  

Real estate expert opinion: It is shortsighted to actively continue  housing construction with the expected decrease in demand
 Tuesday, August 17 2021 18:02

ArmInfo. In Yerevan, in the first half of 2021, 27984 real estate transactions were concluded, which is 23.7% higher than a year ago. According to the data of the  RA Real Estate Cadastre State Committee, out of the total number of  these transactions, purchase and sale accounts for 27% or 7,574  transactions, with an annual growth of 26.7%.

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Foreigners in Armenia prefer to sell real estate rather than buy it
 Monday, August 16 2021 22:27

ArmInfo. In the first half of 2021, 1,919 real estate transactions were carried out by foreigners in Armenia, which is 14.7% more than a year ago. According to the RA  State Cadastre of Real Estate, in total, non-residents accounted for  7.7% of the total number of transactions, against 8.4% in the same  period a year earlier.

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Armenia`s financial authorities intend to gradually abandon the program for the return of income tax within the framework of mortgage lending
 Thursday, August 12 2021 15:30

ArmInfo. The financial authorities of Armenia, represented by the Ministry of Finance of  Armenia, are in favor of the gradual abandonment of the income tax refund program within the framework of mortgage lending in Yerevan. Corresponding amendments to the tax code of Armenia were approved at a government meeting on August 12.

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Agricultural land sales remain high in the regions of Armenia
 Thursday, July 22 2021 17:11

ArmInfo.3,407 transactions for the purchase and sale of real estate were made in the regions of Armenia in June 2021, which is 64.4% of the total number of such  transactions made in the republic for the reporting month. In y-o-y  terms regional transactions for the purchase and sale of real estate  increased by 13.1%, and in June alone increased by 7.8%.

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The trend of monthly growth in apartment prices in Yerevan continues
 Thursday, July 22 2021 17:04

ArmInfo. In June 2021, there were 1,498 transactions for the purchase and sale of real estate in Yerevan, which is 48% higher than a year ago, with an increase of  13.9% per month. This is evidenced by the data of the State Committee  of the Real Estate Cadastre.  At the same time, the highest  percentage of transactions fell on the administrative region of  Arabkir - 17.4%, and the lowest - in Nubarashen (0.5%).

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YoY transactions for the sale and purchase of apartments in Yerevan  increased 2.3-fold by June 2021
 Thursday, July 1 2021 19:00

ArmInfo. In the real estate market of Armenia, in May 2021, 4,476 transactions for the purchase and sale of real estate were made, which exceeds the indicator of a  year ago by 53%, but a decline of 1.2% was recorded for a month  alone. This is evidenced by the data of the State Committee of the  Real Estate Cadastre.

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Demand for agricultural land continues to be in high in Armenia
 Wednesday, May 26 2021 19:31

ArmInfo.In the regions of Armenia, in April 2021, 3,088 real estate purchase and sale transactions were carried out (or 68.2% of the total number of such transactions in the  republic).

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Real estate market of Armenia is in a state of anticipation in  connection with the upcoming early elections on June 20
 Tuesday, May 25 2021 16:54

ArmInfo.In the real estate market of Armenia, in April 2021, transactions for the purchase and sale of apartments in the capital decreased by 7.1% with a weak 0.5% rise in  prices. And on a y-o-y basis (compared to April 2020) a 4.7-fold  increase in the number of transactions was accompanied by a 6.2% drop  in apartment prices. This is evidenced by the data of the State  Committee of the Real Estate Cadastre.

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Land continues to be the most attractive asset in Armenia
 Monday, May 3 2021 18:46

ArmInfo.In the regions of rmenia in the first quarter of 2021, 7,731 transactions for the  purchase and sale of real estate were completed, which is less than  5% a year ago, with an increase of 5.3% per quarter.

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Prices for apartments in Yerevan fell on average by 6% over the year,  while the number of transactions decreased by 16.5%
 Monday, May 3 2021 16:34

ArmInfo. In the first quarter of 2021 in Yerevan, there were 2020 transactions for the purchase and sale of apartments, which is 64.5% of the total number of  transactions for the purchase and sale of apartments in Armenia.  According to the data of the State Committee of the Real Estate  Cadastre, over the year, transactions for the purchase and sale of  apartments in the capital decreased by 16.5%, and over the quarter by  6.5%.

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In the regions of Armenia in 2020, only transactions for the purchase  and sale of land and industrial facilities were on a positive trend
 Wednesday, February 3 2021 18:44

ArmInfo. In 2020, of the total number of real estate transactions in Armenia, the lion's share (68%) falls on the country's regions. According to the data of the  State Committee of the Real Estate Cadastre of the Republic of  Armenia, according to the results of the past year, 107,771 real  estate transactions were made in the regions, which is 11.8% less  than the indicator of a year ago.

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The real estate market in Armenia tends to decline; it all depends on  government policy
 Wednesday, February 3 2021 18:43

ArmInfo. In 2020, a total of 158 659 real estate transactions were carried out in Armenia, which is 14.7% less than a year ago.

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Noticeable Sagging of Imports Reduces Armenia`s Foreign Trade Deficit  by 28.4% in 2020
 Monday, February 1 2021 16:53

ArmInfo. Perceptible  subsidence imports (by 17.7%), with a modest decline in exports  (3.9%), reduced Armenia's foreign trade deficit in January-December  2020 by 28.4% per annum (against 12.6% growth in January-December  2019 with almost equally high 10.8-9.4% growth in imports and  exports). This is evidenced by the data of the Statistical Committee  of the Republic of Armenia, according to which Armenia's foreign  trade turnover decreased by 13.2% per annum in January- December  2020, against 10.4% growth in 2019. 

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In the regions of Armenia, 59% of transactions for the purchase and  sale of real estate fall on land, despite a significant decline in  activity
 Thursday, December 24 2020 15:28

ArmInfo.In the regions of Armenia, in November 2020, 1,874 transactions for the purchase and sale of real estate were carried out, which is 43.7% lower than a  year ago, and 28% less than in October 2020.

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In Yerevan, transactions for the purchase and sale of apartments have  significantly decreased, with a miserable decrease in prices
 Thursday, December 24 2020 14:53

ArmInfo. A total of 8,654 real estate transactions were carried out in Armenia in November 2020, which is 50.4% less than a year ago, with a decline of 29.7%  over the month.

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Apartment prices in Yerevan are falling, while the number of  transactions is growing
 Wednesday, November 4 2020 18:25

ArmInfo. 50.978 various real estate transactions were carried out in Armenia, in the Q3, which is 8.1% higher than a year ago, while the number of transactions  increased by 77% during the quarter. According to the data of the  State Committee for Real Estate Cadastre, of the total number of  transactions, Yerevan accounts for 31.3% (15,973 transactions), which  decreased by 4.2% in y-o-y terms, with an increase of 75.9% over the  quarter.

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Land remains the most attractive asset in the regions of Armenia
 Wednesday, November 4 2020 16:11

ArmInfo. In the regions of Armenia in the third quarter of 2020, 10,922 real estate purchase and sale transactions were concluded, which in y-o-y and quarterly terms  is higher than the indicator of a year ago by 25.8% and 86.4%,  respectively.

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Over the quarter, the number of transactions for the purchase and  sale of real estate by foreigners doubled
 Wednesday, November 4 2020 14:18

ArmInfo. In Q3 of 2020, 981 real estate transactions were concluded by foreigners in Armenia, which is 41.9% lower in y-o-y terms (compared to the Q3 of 2019), but  twice as many compared to the previous quarter of this year.  According to the State Cadastre of Real Estate, in total, the share  of non-residents made 6.4% of the total volume of transactions fell  to, against 12.8% in the last year for the same period, and 5.9% in  the Q2 of this year.

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Foreigners tend to sell real estate in Armenia rather then buy it  
 Wednesday, September 23 2020 19:29

ArmInfo. In August 2020, 327 transactions for the purchase and sale of real estate were made in Armenia by foreigners, which is 9.4% higher than the July  indicator. At the same time, of the total number of transactions,  only 100 accounted for acquisition.

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Real estate market is recovering in Armenia
 Wednesday, September 23 2020 17:06

ArmInfo.n Armenia, real estate transactions are on the rise despite the ongoing coronavirus pandemic. Head of the State Committee for Real Estate Cadastre of  Armenia Suren Tovmasyan said this at a press conference on September  23.

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