In November 2021, 3,541 transactions were registered on the residential real-estate in Tbilisi, that was 32% higher than the same period in 2019, - according to Colliers Georgia.
As of the updated data,in November 2021 the state provided 149 military service members with newly-built flats in a military town in Varketili. Without considering this figure, the demand for newly-built flats would be increased by 26%.
As for the market size, the figure stands at USD 162 million, reflecting a 30% increase compared to 2019.
In November 2021, the number of transactions recorded on economy new apartments saw 43% increase compared to 2019. As for the medium and premium segments the number of transactions has increased by 33% and 30%, respectively.
