APARTMENT PRICES DOWN IN YEREVAN
news.am
Nov 2 2009
Armenia
A 10% fall in average apartment prices was registered in Yerevan
this January-September against the corresponding period last year –
down to 266,300 AMD for 1 sq. meter.
The biggest fall was registered in Yerevan’s communities of Achapnyak,
Malatia-Sebastia and Nor-Nork.
The Business-24 website reports a fall of 12% and more in apartment
prices in Arabkir, Avan and Shengavit.
A 9.52% fall in apartment prices was registered in the Kanaker-Zeitun
community, a 9.67% fall in Davidashen.
A relatively slight fall was registered in the Erebuni, Nubarashen
and Kentron communities. In the last case, the average apartment
price fell by 1.35% down to 473,300 AMD for 1 sq. meter.
Disclaimer: This article was contributed and translated into English by Vardapetian Ophelia. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2009/11/03/apartment-prices-down-in-yerevan/