Prices
There hasn’t been a significant drop in apartment prices and most likely will not be
The Armenian Cadastre Committee has published the July analysis of the real-estate market and despite the coronavirus epidemic and pessimistic expectations, there are no significant changes in the market, drops in prices and deals. Thus, according to the Cadastre analysis in 2020 Average market prices for apartments in multi-apartment residential buildings in Yerevan in July […]
The apartment price fluctuations in the regions are very different depending on the city
In the regions of Armenia, according to the July analysis of the Cadastre, apartment prices have remained almost at the same level ․ The average deflation was slightly 1% compared to June, and compared to July 2019 there was 2-5% inflation. It is also interesting that, depending on the region and the city, the price […]
The pandemic could not stop the rise in house prices
2020 It turns out that the pandemic, quarantine and state of emergency, which started in the first four months of the first half of the year and continues to this day, have hardly affected housing prices. Thus, according to the analysis of the RA Real Estate Market Cadastre Committee, the average market prices of apartments […]
The prices of apartments for rent in Yerevan had fallen by half
As it was predicted, due to the epidemic and the tourism crisis, serious difficulties have arisen in the Armenian rental market this year. The number of deals, particularly in Yerevan, had decreased by 14% in the first half of the year. According to the General Director of “Red Group” Arsen Avetisyan, the rental market is […]
Compared with the January of the last year 16% and compared with December, a slight increase in prices
In 2020 the housing prices for 1 sq meter in Yerevan have increased only by 0.6 % compared with December 2019, and compared with January 2019 there was an increase of 16 %. In the cities of the regions in January, 2020 the picture is almost the same: 0.5% inflation compared to December, and 6.4% […]
Price fluctuations in the regions are high
Though the 2019 Cadastre analysis shows 5% avarege increase in home prices, this number was drawn from a disproportionate and sometimes extreme comparison of different regional areas. Thus, according to the chart below, in one city the increase was about 20% (Noyemberyan) and in other small town – Ayrum, this increase was 15%. In another […]
2019 was summerized by an increase in home prices
According to the 2019 Cadastre Real Estate annual analysis in residential buildings the avarege market price has increased for 10.8% in Yerevan and 5% in regions. In the scope of steady increase in prices in regions and in Yerevan it is important to mention that in comparison to 2018 the transactional number in Yerevan has […]
The most expensive cities of October are Abovyan, Goris, Vagharshapat, excluding Tsaghkadzor
According to the Cadastre analysis, high price rates in the purchase/selling transactions has been registered in Abovyan, Goris, Vagharshapat. Of course, in this calculations Tsaghkadzor is not included, which is the second most expensive city after Yerevan. According to the Cadastre analysis of the contract prices of the sold apartments and the prices of the […]
There is a price increase, but relatively slow by months
If we compare the current October with the past Octobers , than in Yerevan there has been a notable increase of 11.8 % – in the prices of apartments in the multi-apartment buildings. In the regions the increase is 12.1%. It is interesting, that in the regions as compared to Yerevan (only 1.7%) the price […]
Small increase compared to July
In August 2019, the prices of 1 square meter of apartments in multi-apartment residential buildings compared to July haven’t increased that much (by 1,1%), but compared to last year’s August they have increased by 10%. It’s interesting that there were 1000 contracts made for apartments in multi-apartment residential buildings, which is bigger by 7,6% compared […]
