NUMBER OF REAL ESTATE TRANSACTIONS INCREASES BY 24.5% IN
ARMENIA IN 2007 AS COMPARED WITH PREVIOUS YEAR
20-03-2008 16:00:00 | Armenia | Economy
YEREVAN, MARCH 20, NOYAN TAPAN. 155,040 real estate-related
transactions were conducted in Armenia in 2007, which exceeds by
24.5% the 2006 index.
According to the RA National Statistical Service,
alienation transactions made up 39.1%, primary registration
transactions - 16.5%, pawning transations - 16.3%, inheritance
transactions - 11.9%, lease transactions - 6.9%, privatization
transactions - 0.1% and other state registration deals - 9.2% of
the total number of transactions on real estate in 2007.
38.4% of all real estate-related transactions was
registered in Yerevan.