In 2008 prices increased by in average 8.1% at the secondary houses market in Baku and its outskirts. From January to February prices at this market remained mainly stable, but from March to May they increased by 13.5% and in the coming months they stabilized, except for November-December, when cost of houses dropped by 7.2%. In the first half of 2008, especially in May, price for building materials, especially cement, increased by 13.5%. In the...

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