Real estate prices in Armenia until the end of 2011 will not change

In Armenia, real estate prices before the end of this year would not be changed. This opinion was expressed in a conversation with a reporter, "ArmInfo" executive director of the Association of Mortgage Market Participants Edward Oremyan. According to him, today the demand for real estate market is rather high, but "how harmonious is the further development of the market depends on improved demand from paying customers." He added that the level of solvency of the population in Armenia has not increased, which directly affects the credit market.According...

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Real Estate Market in Yerevan activated

The State Committee of Cadastre of the Republic of Armenia issued a statement, which, compared to the previous month, the real estate market has intensified in Yerevan. In June 2011, in Yerevan, there were 4,260 thousand real estate transactions. Compared to the previous month, an increase of 4.8% compared to the same month last year to 6.8%. In contrast to this rise, the average real estate prices in the capital for the year went down by 9% (June 2010 - $ 2011 US755/iyun - $ US685).Ie for the year property prices have fallen dramatically and the...

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In Armenia, the global crisis impact on real estate transfers and

As a result of the global economic crisis reduced the volume of transfers coming into Armenia from abroad, in the first place - from Russia. It struck at about 600-700 thousand Armenian citizens. Also, the crisis was reflected in real estate, where there is a decline in prices. Told reporters on the head of the research center "Political Economy" Andranik Tevanyan. However, in his opinion, the fact that Armenia's economy is not integrated into the global economy, enabling it to remain in the win."We are hardly able to take advantage of this situation,...

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1000 Houses To Built For 3 Years

According to National Security Council's press center, during his visit to Netherlands, Chairman of the Trustee Council of the National Social Housing Association, Secretary of the RA National Security Council Arthur Baghdasaryan met with dutch social housing funds and organizations representatives. During this visit Arthur Baghdasaryan and Chairman of Dutch International Guarantees For Housing Eric Berzhen signed an agreement which will provide new opportunities for social housing development in Armenia. According to this contract, 3 million...

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