Apartment prices down in Yerevan
19:08 / 11/02/2009

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.