<img src="https://img.day.az/2024/10/18/800×550/_-4.jpg" class="article-image" alt="ABB Bank has published another study related to the real estate market!”/>
ABB Bank presented a new research report entitled “Analysis of the real estate market in Baku.”
According to the study, the Baku real estate market is experiencing significant changes. Under the influence of various factors, there has been a steady increase in housing prices. There are noticeable shifts in the traditional dynamics of the primary and secondary real estate markets.
Rising housing prices are changing buyers’ preferences when choosing apartments. While some areas of the city are stagnating, which has led to lower land prices, rental prices continue to rise despite the general market situation.
The ABB Bank study also highlights other important trends. Issuing such analytical reports is a common practice among foreign banks, and ABB Bank was the first in Azerbaijan to introduce this approach. This year, the Bank released a number of key reports, including: “Analysis of the real estate market of the city of Baku”, “Analysis of the retail sector of Azerbaijan: trends and results”, “Tourism in numbers: a statistical overview of the tourism industry of Azerbaijan” and “Review of the automobile market: global trends and the situation in Azerbaijan.”
These reports can be found here.
Information about modern, useful, universal products and services of ABB Bank can be obtained at the Bank’s branches and offices, on the official website by calling the Information Center at short number 937, as well as on the Bank’s official Facebook page.