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.