Real growth of residential property prices in local currency reached -3.72% in 2017 in Armenia, according to the National Statistical Office. This is 331% less than in the previous year.
Historically, real growth of residential property prices in local currency in Armenia reached an all time high of 1.61% in 2016 and an all time low of -10.2% in 2011.
Armenia has been ranked 62nd within the group of 71 countries we follow in terms of real growth of residential property prices in local currency.
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