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Kazakhstan sees increase in prices for primary housing

Kazakhstan Materials 11 January 2024 20:35 (UTC +04:00)
Kazakhstan sees increase in prices for primary housing
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, January 11. Housing prices on the primary market in Kazakhstan increased by 3.4 percent in December 2023 compared to December 2022, Trend reports.

Data of the country's Bureau of National Statistics shows that over the same period, prices for secondary market apartments decreased by 3.7 percent.

In addition, rent for comfortable housing in December 2023 compared to the same month last year, decreased by 1.6 percent.

Regionally, prices on the primary housing market in annual terms increased significantly in the cities of Kyzylorda by 12.6 percent, Petropavlovsk - by 10.6 percent.

In the secondary housing market, the leaders in price growth were the cities of Atyrau (8.2 percent) and Kyzylorda (6.9 percent), in the rental housing market - Zhezkazgan (33.4 percent), Kokshetau (26.1 percent) and Karaganda (23 percent).

Meanwhile, the increase in prices for primary housing in November amounted to 3.2 percent, prices for secondary market apartments decreased by 5.4 percent.

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