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Baku real estate market prices fall by 0.8pct

Posted on 10 April 2013

In March the Baku real estate market observed a price decline by 0.8%. At that, the prices grew by 0.8% against early 2013 and by 3.27% versus the 2012 same term. MBA Group consulting company’s general director Nusret Ibrahimov says that in March prices on the primary housing market of Baku decreased by 0.87% from $992 up to $914 per sq m and by 4.82% against last year’s same term.
“Prices on the secondary housing market grew by 0.44% from $1,575 up to $1,582 per sq m. Prices increased by 4.91% against early 2013 and by 10.48% versus last March. Growth of prices was registered in March on the land market of Baku where they increased by 3.36% from $18,409 up to $19,026 per are,” Ibrahimov said………………………………………..Full Article: Source


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