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Quantity of Real Estate Registration Transactions Grows

According to official information from National Agency for Pubic Registry (NAPR), in May 2018 the number of real estate registration transactions rose 10.5% year on year and constituted 77 954 units all over Georgia.

The month of May has recorded evident growth compared to the same month in 2014-2017 years: 40 836 registration transactions in May 2014 (+90.9%), 41 867 registration transactions in May 2015 (+86.2%), 46 707 registration transactions in May 2016 (+66.9%) and 70 532 registration transactions in May 2017 (+10.5%).

Number of registration transactions has increased by 16% compared to April 2018. Growth was recorded in both directions:  primary registration transactions (+25.5%) and secondary registration transactions (+13%).

In May, number of primary registration transactions made up 19 978 units, including 13 644 registration of rights as part of state project. Number of secondary registration transactions totaled 57 976 unites, including 8 811 registration of changes in state projects and 3 349 cancellation of registration of changes in state projects.
 

  Quantity  Percent
Territorial Unit      
  May 2018 May 2017 April 2018
Tbilisi 23549 24.6 22.5
Batumi 5375 12.4 17.5
Gori 2610 24.8 9.7
Mtskheta 2331 17.0 30.4
Chiatura 2310 42.2 40.9
Gardabani 2198 -7.2 16.9
Kutaisi 1870 7.0 15.5
Zugdidi 1705 7.7 30.4
Gardabani 1490 86.7 21.8
Dusheti 1378 124.4 46.0