In January-November 2009 the number of real estate transactions was increased by 5.3% in Armenia

YEREVAN, January 15. /ARKA/. In January-November 2009 the number of real estate transactions was increased by 5.3% making more than 137.1 thousand compared with the same period of 2008.

State Committee of Cadastre of Armenia informed that during the reporting period of 2009, 34.8% from total transactions was registered in Yerevan and 1.9% in Vayots Dzor. In Kotayk region 12.4% from total transactions were registered, in Ararat region – 9.9%, Lori region - 9%, Armavir – 6.6%, Shirak – 6.2%, Gegharkunik region - 6%, Aragatsotn region – 5.2%, Syunik and Tavush regions – 4.5% and 3.6% transactions accordingly.

27.1% of total transactions made alienation of real estate and 16.5% were transactions of primary registration of real estate. 12.6% of transactions registered in Armenia made heritage of real estate, 10.4% - mortgage transactions and 9.1% - renting of real estate.

Transactions of privatization of real estate made 0.03% from total number of registered transactions and the remaining 23.6% were state registrations, particularly 15.6% were transactions of registration of limitations of using the real estate. --0—