According to the report of the state committee of the inventory of real estate of the Republic of Armenia, in comparison with last month the market of real estate of Yerevan became more active.
In June, 2012 in Yerevan 4.260 thousand transactions with real estate were registered. If to compare with last month this indicator increased by 4,8 %, and in comparison with similar month of last year for 6,8 %. Unlike this lifting, the average prices for real estate in the capital in a year went down for 9 % (June of 2010-2011$US755/июнь - $US685). For a year of the price for real estate considerably decreased, and the number of transactions started to increase. At stable economic growth, this circumstance will probably lead to partial increase in the prices at real estate. And today, when the prices stably decrease, the branch practically lost interest as capital investments form, as brought this market into a condition of not speculative balance.
In June, 2012 in Yerevan 4.260 thousand transactions with real estate were registered. If to compare with last month this indicator increased by 4,8 %, and in comparison with similar month of last year for 6,8 %. Unlike this lifting, the average prices for real estate in the capital in a year went down for 9 % (June of 2010-2011$US755/июнь - $US685). For a year of the price for real estate considerably decreased, and the number of transactions started to increase. At stable economic growth, this circumstance will probably lead to partial increase in the prices at real estate. And today, when the prices stably decrease, the branch practically lost interest as capital investments form, as brought this market into a condition of not speculative balance.
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