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Experts underline real estate market growth in Georgia

2011-04-15 14:22

In March 2011, 55 thousand 970 real estate transactions were registered in Georgia, which is by 20 thousand 289 transactions greater than last March, Business Georgia reports.


According to the experts of the National Agency of the Public Register, there is the dynamics of the market growth both in primary and secondary real property. The same tendency was also recorded in comparison with the beginning of 2011 and March 2010.

In all, 7 thousand 179 transactions concluded with the primary market objects have been registered in March, which is smaller than February indicators by 12,8 percent and exceeds last year indicators by 20,4 percent. 48 thousand 769 transactions have been concluded in the secondary real property market, which is by 87,2 percent greater than in February and by 79,6 percent greater than last year.

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