secondary housing market prices decrease 0.9 % in September 2008

/Statistics Agency of Republic of Kazakhstan, October 8, 08/ -In September 2008 compared with the previous month price index on the primary housing market made 100 %. On the secondary market, reduction in prices over the past month was noted in Kokshetau - 9.3 %, Ust-Kamenogorks - 2.4 %, Pavlodar - 2 %, Almaty - 1.3 %, Astana - 1 %. Prices on housing market in September 2008 (per 1sq. meter) ------------------------------------------------------------------------------ Re-selling of Selling of new comfortable habitation, habitation, KZT, th. KZT, th. ---------------------------------- --------------------------- Sept. Sept. in % to Price in Sept. in % in % to Price in Sept. in Sept. KZT th. to Aug. Sept. 2007 KZT th. %to Aug. 2007 ------------- -------- ---------- ------------ -------- -------- ------- Kazakhstan 151.5 100.0 93.8 112.4 99.1 80.7 Astana 196.5 100.0 101.5 190.8 99.0 68.3 Almaty 299.7 100.0 84.7 224.4 98.7 53.3 Aktau 142.2 100.0 86.8 202.2 100.0 92.9 Aktobe 123.0 100.0 99.6 126.4 100.0 78.9 Atyrau 129.8 100.0 93.5 100.0 100.0 100.0 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 98.0 90.7 68.6 Kostanay 120.0 100.0 100.0 110.6 100.0 100.0 Kyzylorda 73.8 100.0 113.1 72.1 100.0 117.1 Pavlodar 130.0 100.0 100.0 92.0 98.0 90.6 Petropavlovsk 66.9 100.0 70.0 121.0 100.0 90.6 Semey 86.8 100.0 87.4 87.7 100.0 69.9 Taldykorgan 56.5 100.0 85.0 77.5 100.0 79.1 Taraz 56.5 100.0 100.0 67.6 100.0 95.3 Uralsk 140.4 100.0 100.0 130.1 100.0 93.6 Ust-Kame- 105.4 100.0 99.6 105.8 97.6 87.1 nogorsk Shymkent 119.0 100.0 100.0 84.0 100.0 91.3 ------------------------------------------------------------------------------ Methodology explanations: Observation of prices in the housing market is conducted in the capital, in Almaty, and in regional centers by selective circle of organizations, which carry out operations with real estate by city fund, including construction companies. [2008-10-08]