Real Estate Market Monitoring

By the N 465 decision of RA Government on October 22, 1997, the procedure for systematic monitoring of real estate was established, on the basis of which the Cadastre Committee conducts systematic monitoring. In the Republic of Armenia land (by purpose), buildings, constructions (regardless of ownership) are the object of real estate systematic monitoring.

Periodically: monthly, quarterly, semi-annual, annually, systematic monitoring, analyzes of the real estate market are implemented, materials on which are published in the press and covered by the mass media to inform public administration bodies, real estate market participants (realtors, appraisers) and society about the real estate market situation.