APARTMENT PRICES CONTINUE GROWING IN ARMENIA

October 11, 2013 – 11:34 AMT

PanARMENIAN.Net – 16 100 real estate deals were closed in August 2013
in Armenia, up 1,5% from last year’s results and down 6,5% compared
with July 2013.

In August 2013, 60,9% of deals covered apartments in multistory
buildings. The average price per 1 square meter increased by 0,04%
in August 2013 against July.

In August 2013, prices per square meter ranged from AMD 152000 to AMD
428000, with upper price limit related to central locations in Yerevan.