Nominal growth of residential property prices in the local currency reached -2.80% in 2017 in Armenia, according to the National Statistical Office. This is 1,500% less than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Armenia reached an all time high of 4.20% in 2013 and an all time low of -2.80% in 2017.
Armenia has been ranked 64th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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