The FINANCIAL — According to abc.az. Change of prices was observed at the primary market of housing this June.
“Real Estate Marker Participants” Public Union has reported that last month prices rose by 3.1% and totaled on average $1,173 ($1,138 in April) per square metre.
Price index grew by 13.2 points and reached 445 points,” it was reported.
Price growth in June over the districts was following: Sabunchi – 16.8%, Yasamal – 14.9%, Narimanov – 10.6%, Sabail – 8.3%, Khatai – 4.1%, Nasimi – 3.52%, Nizami – 0.7%.
As previous, the largest number of new buildings is constructed in the Yasamal (40%), Nizami and Khatai districts of Baku.
Supply of three-room apartments is the highest.
By late May 2008, construction of new houses in Baku reached 555, construction of which were run by 212 building companies.
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