Azerbaijan, Baku, August 1 / Trend, A. Akhundov /
The prices on Baku's primary housing market increased by 1.2 percent to 884.1 manat per square meter in June compared to the previous month, "Property Market Participants" said today.
"The prices increased by 3.1 percent compared to the previous quarter and by 10.2 percent compared to the same period of last year," the organization said.
Housing prices in Baku shrank by 26 percent compared to the peak crisis period (September 2008) and increased by 5.3 percent compared to early 2013.
In June, the number of new buildings put on the market increased from 396 to 400 units. The number of construction companies decreased by two to 129.
The official exchange rate was 0,7845 AZN/USD on Aug. 1
