Primary housing market prices decrease 1.4 % (0.6 % on secondary market) in October 2008

10.11.08 20:49
/Statistics Agency of Republic of Kazakhstan, November 10, 08/ -In October 2008 compared with the previous month on the primary housing market the price of one square meter decreased in Almaty - by 5.6 %, Semey - by 5 %, Kostanay - by 1.1 %. On the secondary market, reduction in prices over the past month was noted in Taldykorgan - by 6.3 %, Kokshetau - by 4.8 %, Kostanay - by 1.8 %. In other cities, no change in price on housing market has been observed. Prices on housing market in October, 2008 (per 1sq. meter) --------------------------------------------------------------- Re-selling of Selling of new comfortable habitation, habitation, KZT, th. KZT, th. ------------------------ ------------------------ October October October in % to October in % to Price in in %to October Price in in % to October KZT th. Sept. 2007 KZT th. Sept. 2007 ------------- -------- ------- ------- -------- ------- ------- Kazakhstan 149.4 98.6 92.4 111.8 99.4 80.9 Astana 196.5 100.0 100.3 190.8 100.0 68.3 Almaty 283.0 94.4 80.0 224.4 100.0 58.0 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 93.3 95.2 65.3 Kostanay 118.7 98.9 98.9 108.6 98.2 98.2 Kyzylorda 73.8 100.0 111.7 72.1 100.0 115.7 Pavlodar 130.0 100.0 100.0 92.0 100.0 90.6 Petropavlovsk 66.9 100.0 70.0 121.0 100.0 90.6 Semey 82.5 95.0 83.0 87.7 100.0 69.9 Taldykorgan 56.5 100.0 85.0 72.6 93.7 73.4 Taraz 56.5 100.0 100.0 67.6 100.0 93.2 Uralsk 140.4 100.0 100.0 130.1 100.0 93.6 Ust-Kame- nogorsk 105.4 100.0 92.1 105.8 100.0 81.4 Shymkent 119.0 100.0 97.3 84.0 100.0 88.4 --------------------------------------------------------------- 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. [2008-11-10]