Average Prices Of Yerevan Apartments Rise By 30.7% In 2007 As Compar

AVERAGE PRICES OF YEREVAN APARTMENTS RISE BY 30.7% IN 2007 AS COMPARED WITH PREVIOUS YEAR

Noyan Tapan
March 20, 2008

YEREVAN, MARCH 20, NOYAN TAPAN. The average market price of a square
meter of a residential building’s apartment made 257.1 thousand drams
(about 751.6 USD) in Yerevan, except Nork-Marash community, in 2007 –
against 196.7 thousand drams in 2006, with the growth making 30.7%. The
same prices made: in the city of Abovian – 143 thousand drams in 2007,
98.1 thousand drams in 2006; in Vagharshapat – 127.6 thousand drams
and 127.6 thousand drams respectively; in Jermuk – 106 thousand drams
and 65.9 thousand drams respectively.

According to the RA National Statistical Service, the average market
price of a square meter of a residential house (with a personal plot)
in Yerevan, except Nor Nork community, made 261.8 thousand drams
in 2007 – against 201.2 thousand drams in 2006 (30.1% growth). The
same prices made: in Abovian – 147.8 thousand drams in 2007 and
99.9 thousand drams in 2006; in Tsakhkadzor – 132 thousand drams and
74.8 thousand drams; in Vagharshapat – 130.5 thousand drams and 87.8
thousand drams respectively.

From: Emil Lazarian | Ararat NewsPress

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS