In the 2nd quarter of 2024, the price index for new apartments and houses in Tbilisi increased by 4.8% compared to the previous quarter. The annual increase was 14.9%, according to the National Statistical Office of Georgia (Geostat). Compared to the indicator for 2020, the index increased by 48.1%.
In April-June, apartments in new buildings rose in price by 4.8% quarter-on-quarter and by 14.4% year-on-year. Houses increased in price by 4.6% quarter-on-quarter and by 16.8% year-on-year.
The most expensive apartments in the districts of Tbilisi: Mtatsminda, Vake, Saburtalo. Affordable housing in Isani, Gldani, Samgori.
Source: Business Media