Real estate sale market shows signs of recovery amid Lari depreciation - December 2015
23 September 2015

• Average sale price on residential real estate starts to increase in dollar terms during the last three month of 2015.
• Fisher index on rental prices of residential property falls drastically, decreasing annually by more than 18% terms in October 2015.
• Chughureti is the most expensive district for buying and renting commercial property in Tbilisi.

The average residential rental price first fell to 7.46 USD per m2 (a historical minimum since the start of the study) in October 2015, and after a slight peak in the following month reached 7.66 USD per m2 by the end of the year.