During the fourth quarter of last year, prices for housing in Azerbaijan increased on average by 0.6% .The growth rate of prices in the primary housing market in October-December was ahead of the secondary market by 0.3%, according to the State Statistics Committee.
According to SSC estimates, in the fourth quarter of 2014, prices for apartments in Azerbaijan increased by 10.1% compared to the same period in 2013. In annual terms, the primary market apartment prices rose by 9.1%, while the secondary market prices rose even more - 10.1%.
Moderately rising are prices for apartments in luxury buildings, where unrepaired area is offered at 1,500 manat and more per 1 square meter. In new buildings such apartments rose at an annualized rate by 3.8%, while in the secondary market they rose by 5.8%. 08D
Economics
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The construction sector is undergoing significant reforms that are reshaping urban landscapes, driving economic growth, and creating jobs, said Namik Gummatov, First Deputy Chairman of the State Committee for Urban Planning and Architecture.
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Starting today, manufacturers and sellers of food and agricultural products can submit offers on the website tedaruk.az, aligning with public procurement requirements for 2025. The submission window will remain open until September 1.
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Recent reports and interviews indicate a noticeable rise in tomato prices in Azerbaijan over the past few months, primarily driven by market monopolies rather than external factors such as fuel costs or weather conditions.
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Azerbaijan's agricultural sector produced goods worth 6 billion 19 million manats in the first half of 2024, a 0.3% increase compared to the same period last year, according to a report by the State Statistics Committee (SCC). The report highlights a mixed performance across various agricultural segments, with livestock production seeing gains and crop production experiencing a decline.
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