Reconstruction works in Yerevan circus will begin on August 1, said the circus director Hovhannes Gasparyan during press conference on July 24. He also added, that the whole repair budget will cost US$ 10 million. During a 2-year reconstruction it's planned to completely renovate circus building, install modern ventilation and heating systems, build a separate housing for the animals. It is also planned to upgrade the technical base of the circus and to increase sound and voice capabilities. The final performance of old circus will be held on July 31. Back in April, Yerevan mayor Karen Karapetyan signed an agreement with director of "Tashir Group" Samvel Karapetyan, for US$ 8 million investment in circus reconstruction. During latest press conference art director of circus Sos Petrosyan confirmed, that "Tashir Group" provided US$ 6 million for circus reconstruction. Yerevan circus was built in 1962, and this is the first renovation. The administration of the circus has not provided any information who will act as general contractor of reconstruction.

As reported by press-center of Ministry of Territorial Administration RA, third class irrigation channels Akhlatyan and Goris and pumping station Vorotan-2 were put into operation in Syunik region on July 15. All restoration works were funded by "Millennium Challenge Account - Armenia." To restore the channels Akhlatyan and Goris were invested US$ 82 thousand and US$ 328 thousand respectively. It should be noted, that this two channels together can irrigate about 160 hectares of agriculture lands. The restoration budget of pumping station Vorotan-2 was about US$ 2. 228 million. According to the press-center of Ministry, "Millennium Challenge Account - Armenia" has already provided about US$ 2. 7 million to reconstruct irrigation infrastructure in Syunik region.

According to the report issued by State Committee of Real Estate Cadastre of the Republic of Armenia, real estate market of Armenia activated, real estate transactions increased, but property prices dropped. In May 2011 in Armenia were carried out 16.643 thousand real estate transactions. Compared to the previous month this index increased by 2 percent and compared to the same month last year by 23.1 percent. According to report on the first place is Yerevan with 32.3 percent transactions, the second is Kotayk with 15 percent, and the third is Lori with 8.2 percent. As reported by research, in May 2011 were carried out 4.065 thousand alienation transactions, 79.6 percent of which were sale transactions, 19.5 percent were donations and 1 percent was exchange. Compared to the previous month the index of alienation transactions increased by 1.5 and compared to the same month last year by 21.7 percent. As noted in report, in May 2011 in Yerevan 66.2 percent of sales transactions were recorded in residential buildings. This index compared to the previous month dropped by 3.9 percent, and increased by 30.4 percent compared to the same month last year. The report also contains the property average prices both in administrative regions of Yerevan and in the other cities of Armenia. In Yerevan the highest prices were in Kentron - 1 square meter costs US$ 1,170 , on the second place was Arabkir - US$ 900 for 1 square meter, and the third place took Qanaqer-Zeytun with US$ 710 respectively. In the capital the lowest price for houses was in Nubarashen - US$ 380 for 1 square meter. In May 2011 in regions were sold 315 apartments. Compared to the previous month this index increased by 1.3 percent, and compared to the same month last year by 14.4 percent. The most expensive property in regions was in cities Vagharshapat with average price US$ 435 for 1 square meter and in Abovyan - US$ 425. According to the report, in May 2011 were registered about 211 mortgage loans, 141 of them in the capital. Compared to the previous month this figure dropped by 2.3 percent, including the capital drop by 17.5 percent, and in the regions increase by 55,6 percent. Compared to the same month last year this figure increased by 37 percent, including 22.6 percent increase in Yerevan and 79.5 percent increase in regions. In region this great increase probably depends on government program "affordable housing for youth".

According to National Security Council's press center, during his visit to Netherlands, Chairman of the Trustee Council of the National Social Housing Association, Secretary of the RA National Security Council Arthur Baghdasaryan met with dutch social housing funds and organizations representatives. During this visit Arthur Baghdasaryan and Chairman of Dutch International Guarantees For Housing Eric Berzhen signed an agreement which will provide new opportunities for social housing development in Armenia. According to this contract, 3 million euro will be provided to Armenia to solve low and middle income families housing problems, at the first phase of cooperation. Construction of first social houses will begin this autumn. For the first phase of social affordable housing program were selected towns Dilijan, Ashtarak, Aparan, Razdan and Vedi, where it is planned to built 1000 houses during 3 years. To implement the project Arthur Baghdasaryan also met with the head of Green West company, which will be the guarantor of the project, and with the head of construction group Norhust discussed issues about modern construction technologies to make social housing more affordable.

As reported by news.am, government financed provided $US 3.52 million for construction and renovation works in Shirak Region. The government always held a tender for road and school reconstruction works as well as for roofs of some residential buildings in Gyumri and Shirak Region. Particularly in Gyumri government program include reconstruction of Sevyan and Lisinyan roads, roof renovations for some residential buildings in blocks Ani and Bulvarayin and for the third Handicraft College. In Shirak Region works include reconstruction of some schools and educational Institutions. Renovation works have already begun in Gyumri school #15 and will end till September. The total budget for this school renovation is about $US 133,300.