Primary housing market prices decrease 8.7 % (20.4 % on secondary market) in 2008

/Statistics Agency of Republic of Kazakhstan, January 9, 09/ - In 2008 selling prices of new habitation decreased by 8.7 %, in 2007 - increased by 30.2 %. Re-selling prices of comfortable habitation over the last year decreased by 20.4 %, in 2007 increased by 42.6 %. Prices on housing market in 2007 - 2008 (per 1sq. meter, in % to December 2008) ------------------------------------------------------- Re-selling of Selling of new comfortable habitation habitation -------------------- -------------------- Price in Price in KZT th. 2007 2008 KZT th. 2007 2008 ------------- -------- ----- ----- -------- ----- ----- Kazakhstan 147.5 130.2 91.3 108.3 142.6 79.6 Astana 194.2 129.6 97.7 188.6 143.1 67.5 Almaty 274.7 152.9 79.6 211.2 124.6 60.9 Aktau 142.2 111.2 86.8 196.3 137.1 86.0 Aktobe 123.0 112.2 99.6 126.4 118.7 78.9 Atyrau 129.8 116.8 93.5 100.0 153.8 100.0 Zhezkazgan 56.5 125.4 100.0 64.6 155.6 100.0 Karaganda 129.9 140.1 96.8 68.3 120.8 100.0 Kokshetau 102.6 187.6 86.1 82.5 189.2 57.7 Kostanay 118.7 133.7 98.9 108.6 150.3 98.2 Kyzylorda 73.8 131.0 111.7 72.1 146.1 112.3 Pavlodar 130.0 142.7 100.0 88.4 120.2 87.1 Petropavlovsk 66.9 109.1 70.0 121.0 144.5 90.6 Semey 82.5 156.8 83.0 78.3 234.4 63.6 Taldykorgan 56.5 100.0 85.0 72.0 149.6 78.3 Taraz 56.5 119.8 100.0 67.6 160.4 93.2 Uralsk 140.4 142.1 100.0 120.0 173.9 86.4 Ust-Kame- 104.4 143.9 90.8 104.5 135.0 81.3 nogorsk Shymkent 118.3 123.4 96.7 78.0 126.3 82.1 ------------------------------------------------------- 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. [2009-01-09]