Increase of housing prices observed in Kazakhstan
Baku, Azerbaijan, August 8
By Nargiz Sadikhova - Trend:
The cost of one square meter of new housing in Kazakhstan amounted to 284,185 tenge in July 2019, which is 0.6 percent more than in June and 4.1 percent more than in July 2018, Trend reports with reference to the data of the Committee of Statistics of Kazakhstan.
In turn, the cost of resale of comfortable housing equaled 194,385 tenge per square meter, which is also 0.6 percent more than last month and 4.3 percent more than in July 2018.
Furthermore, the cost of resale of non-comfortable housing stood at 121,479 tenge per square meter in July, which is 0.9 percent more than in June and 3.4 percent more than during the same period of last year.
The rent of one square meter of comfortable housing also increased by 0.7 percent compare to last month and by eight percent compared to July 2018 having reached the level of 1,446 tenge.
(1 USD = 387.45 KZT on August 8)
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