Drop in Expensive Apartment Prices in Baku First Dwelling Market
Azerbaijan, Baku, 17 October / Trend corr. U.Ismayilova /In September, the price of one square metre of dwelling in the first market in Baku went up by 0.7% and to $1,100 per square metre, the MBA Group consulting company reported.
The weak increase in prices tendency and activity in market have been continuing for five months. The prices of the Elite class departments have gone up considerably -1.1%, while the demand for these apartments drop by 3.1%.
In September, the construction of 540 buildings had been continued.
The consulting MBA Group company carries out monitoring on real property ad automobile markets.
The correspondent can be contacted at: [email protected]