Average house price to gross wage nationwide reached 10.1 years in 2014 in Armenia, according to the National Statistical Office. This is 14.9% less than in the previous year.
Historically, average house price to gross wage nationwide in Armenia reached an all time high of 22.1 years in 2008 and an all time low of 10.1 years in 2014.
Armenia has been ranked 3rd within the group of 33 countries we follow in terms of average house price to gross wage nationwide.
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