POLITICS
23.01.23 15:30
In the fourth quarter of 2022, the Residential Property Price Index (RPPI) in Georgia increased by 5.5 percent compared to the previous quarter, while the annual increase amounted to 14.3 percent, the National Statistics Office of Georgia (GeoStat) said on Monday.
Compared to the 2020 average, the index change amounted to 24.0 percent. The RPPI covers the market of new residential property in Tbilisi, both flats and detached houses segments.
In the fourth quarter of 2022, a price increase compared to the previous quarter was registered both in flats (3.8 percent) and detached houses (8.9 percent) segments.
Compared to the fourth quarter of 2021, the prices increased in both segments, for flats by 12.5 percent and for detached houses by 18.0 percent. The following graph represents the dynamics of the total RPPI and its sub-indices, as well as the Consumer Price Index, the GeoStat added.
source: 1TV
Read: 397
Write comment
(In their comments, readers should avoid expressing religious, racial and national discrimination, not use offensive and derogatory expressions, as well as appeals that are contrary to the law)
News feed
-
From 'alliance' to open hostility: Armenia and Russia
19:0325.04.24
-
17:5425.04.24
-
17:0025.04.24
-
Lithuanian Ambassador: Foreign influence bill contradicts EU recommendations
16:1025.04.24
-
Shalva Papuashvili: We hear statements and concerns from the US State Department, Brussels
15:3025.04.24
-
14:5725.04.24
-
14:0625.04.24
-
13:1425.04.24
-
Defense Committee Chair hosts Head of NATO Liaison Office in Georgia
12:3025.04.24
-
11:5725.04.24
-
11:1125.04.24
-
Rally against draft law "On Transparency of Foreign Influence" underway near Parliament
10:0025.04.24
-
MIA to identify individuals calling for blocking roads artificially during Rustaveli Avenue rallies
18:0024.04.24
-
Lazare Grigoriadis leaves prison
17:3024.04.24
-
Irakli Kobakhidze to participate in the Conservative Political Action Conference in Hungary
17:0024.04.24
-
16:1724.04.24
-
15:3024.04.24
-
Youth social entrepreneurship support project kicks off
14:5024.04.24
-
14:0024.04.24
-
Tbilisi Mayor deems new stadium construction as a mega project
13:2024.04.24
-
12:2424.04.24
-
Rustavi City Council Chairman dismissed
11:3024.04.24
-
10:2224.04.24
-
9:0024.04.24
-
Tusheti Protected Landscape in Georgia’s north-east to expand by 2,245 hectares
18:0023.04.24
-
17:2823.04.24
-
16:5623.04.24
-
16:2023.04.24
-
15:4423.04.24
-
15:0623.04.24
-
Georgian PM, UN representatives review cooperation
14:3523.04.24
-
14:0023.04.24
-
Four people were arrested for making and issuing fake driving licenses
13:2023.04.24
-
12:3923.04.24
-
Georgian, Croatian foreign ministers discuss “fruitful” cooperation
11:3023.04.24
-
Georgian foreign office welcomes border delimitation deal between Armenia, Azerbaijan
10:4523.04.24