Building materials market appreciated 23.4%, y-o-y, in Baku

Building materials market appreciated 23.4%, y-o-y, in Baku
# 15 May 2007 16:45 (UTC +04:00)
The building materials market of Baku rose 4.1% in April from a month earlier and 23.6% from the same period last year.
The Public Union of the Real Estate Market Participants told APA-Economics that the rise was encouraged by the increasing demand, season, global inflation and other natural factors.
The materials uptrend also pushed up the firsthand housing cost prices. In general, the real estate market is going up in Azerbaijan rapidly. During March, 41 types of construction materials were monitored. The rise happened to almost all materials. The price of armature rose 8.3%, roof tile 10.2%, glass 7.4% in April. /APA-Economics/
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