Bank Of Baku


Commissioning of Azerbaijan’s housing grew by 3.5% for Jan-Mar

Baku, Fineko/ In March 2012 housing commissioning in Azerbaijan increased by 6.3% compared to February and dropped 2.03 fold versus last March.

The Azerbaijan State Statistics Committee (ASSC) informs that in March it was commissioned 83,900 sq m of housing versus 78,900 sq m in February, 168,200 sq m in January of 2012, 342,500 sq m in December (last year’s best indicator) and 170,400 sq m in March 2011.

"Over Jan-Mar 2012 housing commissioning volumes totaled 331,000 sq m versus 319,800 sq m a year earlier," the Committee reported.

The rise of these volumes still makes up 3.5%.

In 2011 it was commissioned 1.9 million sq m of housing that was by 6.8% more against the 2010 figure and became a record for entire history.

Housing commissioning totaled 1.8 million sq m in 2010 versus 1.36 million sq m in 2009, 1.556 million sq m in 2008, 1.425 million sq m in 2007, 1.218 million sq m in 2006, and 1.58 million sq m in 2005.



18.04.2012 09:53

Tags: housing

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