Recently conversations on crisis in the Armenian market of real estate are often audible. NEWS.am carried out small poll among the agencies which are engaged in a purchase and sale to real estate, about a situation in the market in 2012 and, in particular, changes for the last month.
The director of Viva Realty agency Edward Arutyunyan noted that in comparison with the beginning of year of considerable falling of the prices isn't present, but there is a small growth of number of transactions. For the last month in the market changed nothing, activity special isn't present. The prices for apartments are reduced today by those persons who hurry to sell them.
The director of Bars agency Marina Chatinyan told that demand for real estate was noticeably reduced, but considerable reduction of prices while isn't present. The market is more or less active on suburbs of Yerevan, and in the center, on the contrary, is passive. However, according to her, as a whole «this year in the market it is more sad, than in the past».
And in Alpha agency noted that the real estate offer in the Armenian market incomparably surpasses demand. As a result buyers define the price, instead of authors of offers. Therefore in practice it is impossible to define "market price" of real estate, as a whole, the prices fell to 10-15 %. Approximately the same situation in Nagorno-Karabakh.
The director of agency of real estate of "Best Realty" operating in this market Susanna Sadiyan told that in Stepanakert the real estate fell in price approximately for 20 %. For example, the two-room apartment in a multiroom building can be bought for $35 thousand, three-room – for $50 thousand.
The director of Viva Realty agency Edward Arutyunyan noted that in comparison with the beginning of year of considerable falling of the prices isn't present, but there is a small growth of number of transactions. For the last month in the market changed nothing, activity special isn't present. The prices for apartments are reduced today by those persons who hurry to sell them.
The director of Bars agency Marina Chatinyan told that demand for real estate was noticeably reduced, but considerable reduction of prices while isn't present. The market is more or less active on suburbs of Yerevan, and in the center, on the contrary, is passive. However, according to her, as a whole «this year in the market it is more sad, than in the past».
And in Alpha agency noted that the real estate offer in the Armenian market incomparably surpasses demand. As a result buyers define the price, instead of authors of offers. Therefore in practice it is impossible to define "market price" of real estate, as a whole, the prices fell to 10-15 %. Approximately the same situation in Nagorno-Karabakh.
The director of agency of real estate of "Best Realty" operating in this market Susanna Sadiyan told that in Stepanakert the real estate fell in price approximately for 20 %. For example, the two-room apartment in a multiroom building can be bought for $35 thousand, three-room – for $50 thousand.
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