Official statistics, housing prices decrease in Kazakhstan in December, on primary market - 0.7 %, on secondary market - 2.3 %

/IRBIS, Vitaliy Kim, January 21, 09/ - Below is a table of dynamics of supply prices (sale) on housing in December 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 related to the last month. -------------------------------------------------- Primary market: Secondary market: ---------------- ----------------- Region Value, Value, or city th. KZT trend, % th. KZT trend, % --------------- ------- -------- -------- -------- Kazakhstan 147.5 -0.7 108.3 -2.3 Astana 194.2 -1.2 188.6 -1.2 Almaty 274.7 -0.5 211.2 -2.9 Aktau 142.2 0 196.3 -2.9 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 102.6 -13.9 82.5 -11.6 Kostanay 118.7 0 108.6 0 Kyzylorda 73.8 0 72.1 0 Pavlodar 130.0 0 88.4 -1.9 Petropavlovsk 66.9 0 121.0 0 Semipalatinsk 82.5 0 78.3 -10.7 Taldykorgan 56.5 0 72.0 -0.8 Taraz 56.5 0 67.6 0 Uralsk 140.4 0 120.0 -4.6 Ust-Kamenogorsk 104.4 -0.9 104.5 -1.0 Shymkent 118.3 0 78.0 -2.5 -------------------------------------------------- For comparison of official statistics data with alternative sources of information, IRBIS agency presents information from "Kazakhstan nedvizhimost" (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 -------------------------------------------------------------- Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 03.12.08 1960 -1.11 120.45 236.1 10.12.08 1931 -1.48 120.46 232.6 17.12.08 1889 -2.18 120.60 227.8 24.12.08 1862 -1.43 120.70 224.7 07.01.09 1832 -1.61 120.95 221.6 -------------------------------------------------------------- Judging by this source, in Almaty supply prices on housing in December decreased in average by 6.1 % in tenge equivalent. "Kazakhstan nedvizhimost" site presents the statistics on secondary housing market of three cities: Almaty, Astana and Karaganda. Detailed data on Almaty is available in the next table. -------------------------------------------------------------- Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 02.12.08 1748 -0.68 120.48 210.6 09.12.08 1686 -3.55 120.44 203.1 16.12.08 1678 -0.47 120.60 202.4 23.12.08 1664 -0.83 120.82 201.0 05.01.09 1662 -0.12 120.86 200.9 -------------------------------------------------------------- Data on Astana are in the following table. -------------------------------------------------------------- Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 02.12.08 1686 -0.65 120.48 203.1 09.12.08 1673 -0.77 120.44 201.5 16.12.08 1669 -0.24 120.60 201.3 23.12.08 1665 -0.24 120.82 201.2 05.01.09 1662 -0.18 120.86 200.9 -------------------------------------------------------------- Below are the data on Karaganda. -------------------------------------------------------------- Value, Trend Value, Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m -------- -------------- -------- ------------ ---------------- 02.12.08 666 -1.77 120.48 80.2 09.12.08 662 -0.60 120.44 79.7 16.12.08 663 +0.15 120.60 80.0 23.12.08 653 -1.51 120.82 78.9 05.01.09 643 -1.53 120.86 77.7 -------------------------------------------------------------- Thus, according to "Kazakhstan nedvizhimost" prices on secondary housing market in Almaty in December decreased in tenge by 4.6 %, in Astana - by 1.1 %, in Karaganda - by 3.2 %. [2009-01-21]