BAKU, Azerbaijan, Nov 22
By Natavan Rzayeva - Trend:
The demand for real estate has sharply increased in Uzbekistan in October 2021, Trend reports referring to the Uzbek Center for Economic Research and Reforms.
The number of concluded contracts for the purchase and sale of real estate increased by 11.7 percent in the country in October 2021.
This indicator increased by 9.5 percent, compared to the same period last year.
In comparison to October 2019, the number of concluded contracts increased by 36.7 percent.
According to analysts, Uzbekistan is emerging from the crisis. So, the level of income of citizens is stabilizing and continues to grow. Therefore, the demand for real estate is growing.
The growth in demand for real estate is also associated with the end of the harvest season - agricultural producers began to receive income from the sale of the products.