According to official statistics, in September prices on housing in Kazakhstan decreased, on secondary market - by 0.9 %

/IRBIS, Vitaliy Kim, October 8, 08/ - Below is a table of dynamics of supply prices (sale) on housing in September 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 percentage in relationship with the last month. ----------------------------------------------------- Primary market: Secondary market: ----------------- ----------------- Region Value, trend, % Value, trend, % or city th. KZT th. KZT --------------- ------- -------- ------- -------- Kazakhstan 151.5 0 112.4 -0.9 Astana 196.5 0 190.8 -0.9 Almaty 299.7 0 224.4 -1.2 Aktau 142.2 0 202.2 0 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 98.0 -9.3 Kostanay 120.0 0 110.6 0 Kyzylorda 73.8 0 72.1 0 Pavlodar 130.0 0 92.0 -2.0 Petropavlovsk 66.9 0 121.0 0 Semipalatinsk 86.8 0 87.7 0 Taldykorgan 56.5 0 77.5 0 Taraz 56.5 0 67.6 0 Uralsk 140.4 0 130.1 0 Ust-Kamenogorsk 105.4 0 105.8 -2.4 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 ------------ -------------- -------- ------------ ---------------- September 3 1,981 +1.59 119.77 237.3 September 10 2,006 +1.26 119.61 239.9 September 17 2,037 +1.55 119.65 243.7 September 24 2,062 +1.23 119.74 246.9 October 1 2,100 +1.84 119.97 251.9 ---------------------------------------------------------------------- Judging by this source, in Almaty supply prices on housing in September increased in average by 6.2 %. According to "Kazakhstan nedvizhimost" average supply price on secondary housing market of Astana on September 30 made $1691 per square meter or equivalent KZT202.6 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 -------- -------------- -------- ------------ ---------------- 02.09.08 1,718 +0.29 119.65 205.6 09.09.08 1,714 -0.23 119.71 205.2 16.09.08 1,709 -0.29 119.48 204.2 23.09.08 1,697 -0.70 119.70 203.1 30.09.08 1,691 -0.35 119.84 202.6 ------------------------------------------------------------------ Data on Almaty for August - September are in the following table. ------------------------------------------------------------------ Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 05.08.08 1,769 -0.56 120.11 212.5 12.08.08 1,745 -1.36 120.17 209.7 19.08.08 1,730 -0.86 120.10 207.8 26.08.08 1,783 +3.06 119.84 213.7 02.09.08 1,789 +0.34 119.65 214.1 09.09.08 1,811 +1.23 119.71 216.8 16.09.08 1,809 -0.11 119.48 216.1 23.09.08 1,852 +2.38 119.70 221.7 ------------------------------------------------------------------ Below is the data on Karaganda. ------------------------------------------------------------------ Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 01.09.08 670 +0.60 119.54 80.1 08.09.08 684 +2.09 119.62 81.8 15.09.08 673 -1.61 119.49 80.4 22.09.08 671 -0.30 119.72 80.3 29.09.08 666 -0.75 119.81 79.8 06.10.08 682 +2.40 119.98 81.8 ------------------------------------------------------------------ Thus, according to "Kazakhstan nedvizhimost" prices on secondary housing market in Astana on September decreased by 1.4 % in tenge equivalent, in Karaganda - by 0.4 %. Data as of end of September on Almaty are absent. Thus, comparing data of official and unofficial statistics, we may conclude that they are not comparable on these cities. IRBIS possessing information not allow making correct comparison with other cities. [2008-10-08]