Price fluctuations in regions and cities are high

In the cities of regions, in the first half of 2019 the average market prices of 1 square meter of apartments in multi-apartment residential buildings have decreased by 1,9% compared to the second half of 2018. The highest price increase, according to Cadaster, was in Noyemberyan (10,3%), and the highest price decrease in Talin (4,5%).

The most expensive apartments in the country are still in Tsaghkadzor – the average price of 1 square meter is 282 000 AMD, which is a little bit cheaper than it was in the second half of the last year.  The second most expensive city remains Abovyan – the average price of 1 square meter is 167 000 AMD.

There hasn’t been a significant drop in apartment prices and most likely will not be

The apartment price fluctuations in the regions are very different depending on the city

The pandemic could not stop the rise in house prices