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Apartment Prices Down In Yerevan

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  • Apartment Prices Down In Yerevan

    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.
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