Average price remains unchanged on Azeri secondary auto market

Average price remains unchanged on Azeri secondary auto market
# 21 April 2009 13:25 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. There was a 4.9% rise in supply and a 1.2% increase in demand on Azerbaijan’s secondary car market, said the Property Market Participants Union.

According to the survey, auto sales increased 2.7% in March on month-on-moth basis.

The average price remained unchanged at $16 240 while exposure time rose by 4 days to 89 days on the secondary car market. At the same time,

Only 30% of 6 900 vehicles surveyed were newcomers on the market in March.

The Property Market Participants Union said prices were also stable on the primary market.
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