The number of purchases and sales of apartments has increased in regions, the prices – too

Unlike the capital, where compared to last year’s August the number of contracts of purchases and sales of apartments has decreased, there is a constant increase in regions. So, according to RA Cadastre analysis, the number of contracts of purchases and sales of apartments, compared to July 2019, has increased by 7.6% and compared to August 2018 – by 10%. The prices stayed the same in July.
Below you can see the average market prices of apartments in multi-apartment residential buildings (1 square meter) in Armenia’s region centers and big cities.

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