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Housing rises in price by 1.7 percent in Tashkent in Nov

Business Materials 1 December 2011 20:10 (UTC +04:00)

Uzbekistan, Tashkent, Dec. 1 / Trend D. Azizov /

The average price of housing supply in Tashkent was $ 525 per square meter in November, or 1.7 percent more than in October and 0.4 percent less than in November 2010, the information-analytical center Sion Research reported today.

According to the realtors, the average discount rate while concluding the purchase- sale contracts in November dropped to 3-4 percent compared to 4-5 percent in October.

The average price in the segment of economy-class housing in November amounted to $329 per square meter (in October - 326) and $ 999 in the segment of high category housing (in October - 982).

The average area of apartments put for sale in November was 68 square meters, the average price for the apartment sector - about $35,700 (in October - 35,000).

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