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Number Of Real Estate Transactions In Armenia In 2011 July Increases

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  • Number Of Real Estate Transactions In Armenia In 2011 July Increases

    NUMBER OF REAL ESTATE TRANSACTIONS IN ARMENIA IN 2011 JULY INCREASES BY 2.2% FROM A YEAR BEFORE

    / ARKA /
    August 30, 2011
    YEREVAN

    YEREVAN, August 30. / ARKA /. The number of real estate transactions
    in Armenia in 2011 July increased by 2.2% from a year before to
    13,900, according to the numbers unveiled today by the State Cadastre
    Committee. However, the number of transactions in 2011 July slashed
    by 17.7% from 2011 June.

    According to official data, the largest portion of real estate
    transactions in July was registered in Yerevan -34.8% of their total
    number and the smallest number in the Vayots Dzor region - 3.2%.

    The central province of Kotayk accounted for 12.9% of the total number
    of transactions in July, Gegharkunik province for 7.9%, Lori province
    for 7.4%, Armavir for 6.3%, Ararat for 6.8% and Shirak for 6.7%. The
    southern province of Syunik accounted for 4.7% of the total number of
    transactions registered in the country in 2011 July, Tavush for 3.4%
    and Aragatsotn for 6.1%.

    Of all real estate transactions in 2011 July 27.4% were homes sales
    and purchases, 15.6% were new built houses first registration, 14.9%
    were mortgaging transactions, 12.4% inheriting homes and 4.6% were
    real estate lease transactions.


    From: Baghdasarian
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