According to the official statistics, in August prices on housing in Kazakhstan decreased by 0.5 % on primary market, by 2.3 % - on the secondary market

/IRBIS, Vitaliy Kim, September 8, 08/ - Below is given a table of dynamics of supply prices (sale) on housing in August 2008 that is compiled by IRBIS agency according to the data of Statistics Agency of the Republic of Kazakhstan (www.stat.kz). The selling prices are given in thousands tenge per one square meter. Trends are specified in percent in relationship with the last month. ----------------------------------------------------- Primary market: Secondary market: ----------------- ----------------- Region Value, trend, % Value, trend, % or city th. KZT th. KZT --------------- ------- -------- ------- -------- Kazakhstan 151.5 -0.5 113.5 -2.3 Astana 196.5 0 192.6 0 Almaty 299.7 0 227.2 -3.2 Aktau 142.2 -9.7 202.2 -9.1 Aktobe 123.0 0 126.4 0 Atyrau 129.8 0 100.0 0 Jezkazgan 56.5 0 64.6 0 Karaganda 129.9 0 68.3 0 Kokshetau 119.1 0 108.0 -3.6 Kostanay 120.0 0 110.6 0 Kyzylorda 73.8 0 72.1 0 Pavlodar 130.0 0 93.9 -3.5 Petropavlovsk 66.9 0 121.0 -2.9 Semipalatinsk 86.8 0 87.7 -1.8 Taldykorgan 56.5 0 77.5 -5.0 Taraz 56.5 0 67.6 0 Uralsk 140.4 0 130.1 0 Ust-Kamenogorsk 105.4 -2.5 108.4 -4.0 Shymkent 119.0 0 84.0 0 ----------------------------------------------------- To compare official statistics data with alternative sources of information, IRBIS agency presents information from "Kazakhstan nedvizhimost" sites (www.kn.kz) and "Krysha" (www.krysha.kz). "Krysha" (www.krysha.kz) doesn't differentiate primary and secondary markets. This source data on housing prices in Almaty is as follows --------------------------------------------------------------------- Date Value, Trend Value, (2008) USD per sq. m. value, % USD/KZT rate KZT th per sq. m ----------- -------------- -------- ------------ ---------------- August 13 1,924 +1.10 120.14 231.1 August 20 1,914 -0.52 120.14 229.9 August 27 1,950 +1.88 120.14 234.3 September 3 1,981 +1.59 120.14 238.0 --------------------------------------------------------------------- Judging by this source, in Almaty supply prices on housing in August increased in average by 5.1 %. According to "Kazakhstan nedvizhimost" average supply price on secondary housing market of Astana on September 2 made $1718 per square meter or equivalent KZT206.4 th. at the exchange rate. More detailed data of "Kazakhstan nedvizhimost" on Astana is available in the next table. ------------------------------------------------------------------ Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 08.07.08 1,750 -1.24 120.48 210.8 15.07.08 1,759 +0.51 120.06 211.2 22.07.08 1,764 +0.28 120.18 212.0 29.07.08 1,755 -0.51 120.18 210.9 05.08.08 1,723 -1.82 120.11 206.9 12.08.08 1,710 -0.75 120.14 205.4 19.08.08 1,701 -0.53 120.14 204.4 26.08.08 1,713 +0.71 120.14 205.8 02.09.08 1,718 +0.29 120.14 206.4 ------------------------------------------------------------------ Below is the data on Almaty for July. ------------------------------------------------------------------ Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 01.07.08 1,958 -6.54 120.65 236.2 08.07.08 1,917 -2.09 120.48 231.0 15.07.08 1,893 -1.25 120.06 227.3 22.07.08 1,796 -5.12 120.18 215.8 29.07.08 1,779 -0.95 120.18 213.8 ------------------------------------------------------------------ Below is the data on Karaganda. ------------------------------------------------------------------ Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 04.08.08 672 +0.45 120.14 80.7 11.08.08 671 -0.15 120.14 80.6 18.08.08 671 0 120.14 80.6 25.08.08 666 -0.75 120.14 80.0 ------------------------------------------------------------------ Thus, according to "Kazakhstan nedvizhimost" prices on secondary housing market of Astana on August decreased by 2.1 % in tenge equivalent. Data as of end of August on Almaty and Karaganda are absent. Thus, comparing data of official and unofficial statistics, we may conclude that they are comparable on these cities. IRBIS possessing information not allow making correct comparison with other cities. [2008-09-08]