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In comparison to Q2 2019, the GEO real property market increased by 3.1% in Q3 2019. While, the annual increase was more pronounced at 7.0% (YoY) compared to Q3 2018.

Tbilisi dominated the real property market with a 40.8% share in total sales in Q3 2019. The Tbilisi market was followed by Adjara and Kakheti, with a respective 16.0% and 9.7% of GEO sales.

The highest annual increases in Q3 sales (YoY) were observed in Adjara (68.9%), Guria (41.8%), Racha-Lechkhumi (26.6%), and Kakheti (19.5%). Although Tbilisi had an annual decline of 1.7% in real property sales, the market outside the capital grew by 13.9%.

More than half of GEO sales were registered in the two largest cities: Tbilisi and Batumi.

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In comparison with Q4 2018, the GEO real property market dropped by 15.2% in Q1 2019. While the annual increase was more pronounced at 3.7% (YoY), compared to Q1 2018.

Tbilisi dominated the real property market with a 41.8% share in total sales in Q1 2019. The Tbilisi market was followed by Kakheti and Adjara, with a respective 12.6% and 10.9% proportion of GEO sales.

The highest annual increases in Q1 sales (YoY) were observed in Imereti (18.7%), Kakheti (17.4%), Samtskhe-Javakheti (15.4%), and Ajara (11.0%). While, Tbilisi had an annual growth of 4.1% in real property sales, where the market outside the capital began to catch up and grew by 3.4%.

More than half of GEO sales were registered in the two largest cities: Tbilisi and Batumi.

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The GEO real property market grew by 8.8% in Q4 2018, in comparison with Q3 2018. While the annual increase was more pronounced at 22.3% (YoY), in comparison with Q4 2017.

Tbilisi dominated the real property market with a 44.4% share in total sales in Q4 2018. The Tbilisi market was followed by Kakheti and Adjara, with a 11.6% and 11.1% proportion of GEO sales, respectively.

The highest annual increase (YoY) in sales was observed in Racha-Lechkhumi and Kvemo-Svaneti (56.5%), Kakheti (34.4%), and Tbilisi (27.8%). In Q4 2018, TBS had an annual growth of 27.8% in real property sales, while the market outside TBS began to catch up and grew by 18.2%.

More than half of GEO sales were registered in the two largest cities: TBS & BAT.

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