Tbilisi Residential Real Estate – March 2026

In March 2026, primary market demand cooled, but still recorded an annual increase, due to low base effect. On the contrary, secondary market sales reached their second-highest level since 2023. On the supply side, the living area of issued permits declined annually for the sixth consecutive month. Prices continued to rise across both markets with primary market price increasing moderately, supported by strong demand and slower permit issuance.