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Baku real estate market prices fall by 1.4pct

Posted on 06 March 2013

In February the Baku real estate market observed a price decline by 1.4%, and reduction of prices compared the same period of 2012 also totaled 1.4%. MBA Group consulting company’s general director Nusret Ibrahimov says that in February prices on the primary housing market of Baku decreased by 0.8% from $889 up to 882 per sq m, and against last year’s same term the prices grew by 4.1%.
“Prices on the secondary housing market grew by 0.8% from $1,508 up to $1,520 per sq m. Compared to February 2012, prices increased by 6.3%,” Ibrahimov said………………………………………..Full Article: Source


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