Yerevan posts drop in apartment pricesDecember 18, 2013 - 14:55 AMT PanARMENIAN.Net - 18 241 real estate deals were closed in October 2013 in Armenia, up 4,8% from last year’s results and 9,7% compared with September 2013. In October 2013, 64,5% of deals covered apartments in multistory buildings. The average price per 1 square meter dropped by 2,7% in October 2013 against September. A decrease of 4,7% was posted against last year's results. In October 2013, prices per square meter ranged from AMD 153000 to AMD 428000, with upper price limit related to central locations in Yerevan. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |