OREANDA-NEWS. November 12, 2008. In October the Baku automobile market was observed growth of activity compared to the previous few months.

Public union “Real Estate Participants” reports that experts link this activity with seasonal factors.

“Compared to May growth (+17.3%), in October it was registered record growth of supply (20%) that is linked with solution of transit problems,” it was reported.

In October the secondary market of automobiles was set out up to 6,000 motor vehicles. 40% of them were set out for the market in October and 70% remained since the previous few months.

“Last month’s demand increased as well (+4.5%). Exposition period increased up to 66 days,” the public union informed.

Despite that, average price at the automobile market of Azerbaijan in October kept stable – USD 21,000.