The average prices of second-hand realty increased by 4.2% in Baku and the neighboring areas in January. This also caused the prices of second-hand realty to rise in Ganja (by 4.6%), Sumgayit (by 5.9%), and Minghechevir (by 5.7%). Many experts believe the situation in the first-hand realty market is affecting the second-hand market. In particular, a lot of new buildings are erected instead of old houses that are demolished. The residents of build...

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