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Primary housing prices rise in Kazakhstan

Kazakhstan Materials 12 March 2024 11:21 (UTC +04:00)
Primary housing prices rise in Kazakhstan
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, March 12. Housing prices in Kazakhstan's primary market grew by 3 percent in February 2024 compared to February 2023, Trend reports.

As the country's Bureau of National Statistics notes, secondary market apartment prices fell by 3.3 percent during the same time period.

Furthermore, the rent for comfortable housing in February 2024 has risen by 2.9 percent from the same month last year.

Regionally, annual major home market values increased by 8.9 percent in Aktobe and 7.1 percent in Kyzylorda.

In the secondary housing market, Taldykorgan (9 percent) and Atyrau (8.2 percent) led price increases, while in the rental housing market, Zhezkazgan (23.3 percent), Karaganda (23 percent) and Atyrau (21 percent).

In January, primary market housing prices increased by 2.9 percent, while secondary market flats decreased by 4.4 percent.

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