Azerbaijan, Baku, 11 March / Trend corr U. Ismayilova/ The average price of an apartment in the leasing market in Baku made up $740 per month in February 2008, which is an increase of 0.3% from January 2008, the public organization Real Estate Market Participants reported on 11 March.
The price of leasing commercial premises increased by 12.1% in 2007 due to an increase in the rate of inflation. The price in the leased commercial premises market comprised of an average $22.4 per sq m in February, depending on the location.
According to the Azerbaijan State Statistics Committee, the rate of inflation constituted 16.7% in 2007.
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