As the National Statistics Office of Georgia (GEOSTAT) reports, the annual increase amounted to 12.8 percent.

The index covers the market of new residential property in the capital city of Tbilisi, for both flats and house segments.

,,In the reporting period a price increase compared to the previous quarter was registered both in flats (2.5 percent) and house (4.3 percent) segments, while year-on-year the prices increased by 14.1 percent for flats and by 8.6 percent for houses,' - the GEOSTAT noted.