The prices of apartments in Yerevan in October increased by about 11% compared to the previous year

According to the data published by the State Committee of Real Estate Cadastre of the Republic of Armenia, 1077 purchase and sale transactions of apartments in multi-apartment residential buildings were made in Yerevan in October 2018.

The average market price of 1 square meter of an apartment in multi-apartment residential buildings in Yerevan increased by 10.9% in October 2018, compared to the same period in 2017. Prices also increased in the regions of Armenia (an average of 1.4%).

The price growth of real estate market in Yerevan and in the other regions of Armenia is presented below in the table. Let’s note that the prices of the apartments in the regions are listed according to the capitals (of the regions).

Real Estate Price Changes in Armenia (October of 2017-2018)