Primary housing market prices decrease 0.5 % (2.3 % on secondary market) in August 2008

/Statistics Agency of Republic of Kazakhstan, September 8, 08/ -In August 2008 compared with the previous month on the primary housing market the price of one square meter decreased in Aktau - by 9.6 %, Ust-Kamenogorsk - 2.5 %,. Atyrau - 6.5 %, Karaganda - by 3.7 %, On the secondary market, reduction in prices over the past month was noted in Aktau - by 9.1 %, Taldykorgan - by 5 %, Ust-Kamenogorsk - 4 %, Kokshetau - by 3.6 %, Pavlodar - by 3.5 %, Almaty - 3.2 %, Petropavlovsk - by 2.9 %, Semey - 1.8 %. In other cities, no change in price on housing market has been observed. Prices on housing market in August 2007-2008 (per 1sq. meter) ------------------------------------------------------------------------ Re-selling of Selling of new comfortable habitation, habitation, KZT, th. KZT, th. --------------------------------- -------------------------- August in in % to Price in August in August in % to Price in % to August KZT th. %to July August 2007 KZT th. July 2007 ----------- -------- --------- -------------- -------- --------- ------- Kazakhstan 151.5 99.5 94.9 113.5 97.7 82.3 Astana 196.5 100.0 102.7 192.6 100.0 68.9 Almaty 299.7 100.0 85.2 227.2 96.8 53.2 Aktau 142.2 90.4 86.8 202.2 90.9 92.9 Aktobe 123.0 100.0 99.6 126.4 100.0 78.9 Atyrau 129.8 100.0 93.5 100.0 100.0 111.1 Zhezkazgan 56.5 100.0 100.0 64.6 100.0 100.0 Karaganda 129.9 100.0 96.8 68.3 100.0 100.0 Kokshetau 119.1 100.0 100.0 108.0 96.4 75.6 Kostanay 120.0 100.0 102.0 110.6 100.0 100.0 Kyzylorda 73.8 100.0 113.1 72.1 100.0 117.1 Pavlodar 130.0 100.0 100.0 93.9 96.5 92.5 Petropav- lovsk 66.9 100.0 70.0 121.0 97.1 90.6 Semey 86.8 100.0 87.4 87.7 98.2 74.1 Taldykorgan 56.5 100.0 85.0 77.5 95.0 80.6 Taraz 56.5 100.0 100.0 67.6 100.0 98.0 Uralsk 140.4 100.0 100.0 130.1 100.0 93.6 Ust-Kame- 105.4 97.5 102.7 108.4 96.0 93.5 nogorsk Shymkent 119.0 100.0 100.0 84.0 100.0 95.5 ------------------------------------------------------------------------ Methodology explanations: Observation of prices in the housing market is conducted in the capital city, in Almaty, and in regional centers by selective circle of organizations, which carry out operations with real estate by city fund, including constructing companies. [2008-09-08]