Bank Of Baku

Average home price rose 1% in Azerbaijani capital

Average home price rose 1% in Azerbaijani capital
# 07 November 2008 15:53 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The number of under-construction buildings increased 4 units to 554 in Baku as of October 1.
Property Market Participants Public Union said 208 construction companies are constructing buildings in Baku.
Most of the buildings are being built in Yasamal District.
The average price of an apartment rose 0.7% on month to $1 202/sq.m from $1 194/sq.m. The price index rose 3 points to 456. The highest price rise was in Khatai (1.8%) and Yasamal (0.5%).
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