Azerbaijan's Housing Prices Rise 12.4% Year-On-Year

In the second quarter of 2026, housing prices in Azerbaijan continued to rise. According to data from the State Statistics Committee, prices for new constructions increased by 12.4% year-on-year. This growth was expected in Greater Baku and Absheron. The rise in housing prices is occurring amid increasing costs of construction materials and essential goods. These positive changes in the real estate market also contribute to higher property values in Absheron and Mardakan. Source: evonline.az