May 3, 2013 - 16:04 AMT
Apartment prices in Yerevan grow 1,5% in Q1

40 792 real estate deals were closed in Q1, 2013 in Armenia, up 7,5% from last year’s results.

In January-March 2013, 60,1% of deals covered apartments in multistory buildings. The average price per 1 square meter increased by 1,5% in Q1, 2013 against Q4, 2012 to total AMD 268000.

In Q1, 2013, prices per square meter ranged from AMD 146000 to AMD 424000, with upper price limit related to central locations in Yerevan.