BAKU, Azerbaijan, Nov 2
By Natavan Rzayeva - Trend:
The real estate market in Uzbekistan continues its positive growth dynamics in the third quarter of 2021, Trend reports via the Central Bank of Uzbekistan.
Such interest in the real estate market is mainly due to the ongoing economic recovery and growth in household incomes, as well as the desire of households to preserve their savings in the form of real estate.
In the third quarter of 2021, prices in the secondary real estate market of Uzbekistan increased on average by 2.3 percent compared to second quarter of 2021.
At the same time, in 6 out of 14 regions of the country, a decreasing dynamics of average prices for real estate was observed. The largest decline was recorded in the Khorezm region in the third quarter of 2021- 9.8 percent compared to the second quarter of 2021.
However, In Tashkent city this indicator for the latest 3 months of 2021 increased by 1.4 percent.