486 APARTMENTS SOLD IN DISTRICTS OF ARMENIA IN NOV OF 2004

YEREVAN, DECEMBER 27. ARMINFO. 486 apartments were sold in the regions
of Armenia in Nov 2004, it has increased by 9.5% in Nov 2004 as
against Nov 2003, and in Nov as against Oct it increased by
0.4%. ARMINFO was informed in the State committee of cadastre of real
estate.

According to the state committee of the cadastre of real estate, the
prices for apartments in the district centers of Armenia increased by
2.4% from Oct to Nov. According to the data, in Nov the average price
of 1 sq/m of the apartments in Ashtarak was $72, in Artashat – $59.5,
in Vagharshapat (Echmiadzin) $109.9, Gavar $33.6, Vanadzor $65.8,
Abovian $110.5, Hrazdan $47.8, Tsakhkadzor $92.5, Yeghvard $55.8, Nor
Hachn $80.5, Gyumri $77.6, Goris $40, Vayk $43.7, Jermuk $62.8, Ijevan
$58.2, Dilijan $45.

342 bargains on purchase and sale of private houses were registered in
the republic in Nov 2004, growing by 0.6% as against Nov, 2003, and as
compared with Oct 2004 – it increased by 3%. The average price of one
square meter of private house in Ashtarak was $87.2, Artashat $62.3,
Vagharshapat $111, Gavar $39.9, Vanadzor $70.9, Abovian $114.3,
Hrazdan $49.7, Tsakhkadzor $98.6, Yeghvard $57.5, Nor Hachn $81.6,
Gyumri $91.8, Goris $43, Vayk $44.8, Jermuk $44.3, Ijevan $59, Dilijan
$57.

The highest growth of the number of bargains on real estate was fixed
in Kotayk region – 10.4% of the bargains, then follows Ararat, Armavir
and Shirak regions – 9.5%, 8.4 and 6.1% respectively. The least number
of bargains was registered in Vayots Dzor region – 1.6%.