Private House Sale-Purchase Transactions Decrease 27.2% In FebruaryC

PRIVATE HOUSE SALE-PURCHASE TRANSACTIONS DECREASE 27.2% IN FEBRUARY COMPARED WITH SAME MONTH OF 2004

YEREVAN, APRIL 8, NOYAN TAPAN. In February, 2005, 354 transactions
on sale and purchase of private houses were made in Armenia,
85 of which in Yerevan. The number of transactions declined 27.2%
(12.4% in Yerevan) compared with February, 2004, at the same time it
increased 18.4% compared with January, 2005 (4.9% in Yerevan, 23.4%
in the marzes). The monthly growth of 1 cubic meter of private houses
made 2%. In February, the minimum and maximum prices of a private
residential house with a 250-sq.meter building and a 400-sq.meter
personal plot made in Yerevan communities: Kentron – $255-1,000,
Arabkir – $205-900, Kanaker-Zeytun – $140-360, Nork-Marash – $120-550,
Avan – $125-280, Erebuni – $130-320, Davtashen – $140-700, Shengavit –
$125-350, Ajapniak – $125-320.

From: Emil Lazarian | Ararat NewsPress