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Prices falling on primary housing market in Baku

Business Materials 28 February 2009 12:14 (UTC +04:00)

Azerbaijan, Baku, Feb. 28 / Trend , U. Ismayilova/

Average prices on the primary housing market in Baku fell 1.3 percent to $1,106 per square meter in January compared to December 2008, Participants of the Real Estate Market public organization said.

Comparative table of housing in newly-built buildings:

Text Box: Rooms
Number  	Average Area Indicator	Market Share
One-Bedroom  	10,498	56,2	16,1
Two-Bedroom 	20,212	90,3	31
Three-Bedroom  	25,877	137,7	39,7
Four-Bedroom 	7,557	191,4	11,6
Five-Bedroom  	1,008	228,8	1,5

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