/IRBIS, Vitaliy Kim, March 11, 09/ - Below are the tables of dynamics of
supply prices (sale) on housing in February 2009 that is compiled by IRBIS
agency according to information from websites "Krysha" (www.krysha.kz)
and "Kazakhstan nedvizhimost" (www.kn.kz) for comparison with official
statistics data.
"Krysha" 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
-------- -------------- -------- ------------ ----------------
04.02.09 1,763 -1.45 143.98 253.8
11.02.09 1,727 -2.04 148.11 255.8
18.02.09 1,690 -2.14 149.42 252.5
25.02.09 1,677 -0.77 150.00 251.6
04.03.09 1,644 -1.97 150.42 247.3
--------------------------------------------------------------
Judging by this source, in Almaty supply prices on housing in February
decreased in average by 2.6 % in tenge equivalent. Falling of prices in dollar
equivalent for this month made 6.8 %.
"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
-------- -------------- -------- ------------ ----------------
02.02.09 1,588 -2.93 121.87 193.5
09.02.09 1,571 -1.07 148.50 233.3
16.02.09 1,554 -1.08 149.11 231.7
23.02.09 1,514 -2.57 150.00 227.1
02.03.09 1,504 -0.66 150.60 226.5
--------------------------------------------------------------
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
-------- -------------- -------- ------------ ----------------
02.02.09 1,596 -0.19 121.87 194.5
09.02.09 1,569 -1.69 148.50 233.0
16.02.09 1,541 -1.78 149.11 229.8
23.02.09 1,539 -0.13 150.00 230.9
02.03.09 1,515 -1.56 150.60 228.2
--------------------------------------------------------------
Below are the data on Karaganda.
--------------------------------------------------------------
Value, Trend Value,
Date USD per sq. m. value, % USD/KZT rate KZT th per sq. m
-------- -------------- -------- ------------ ----------------
19.01.09 631 +0.96 121.29 76.5
26.01.09 633 +0.32 121.65 77.0
02.02.09 631 -0.32 121.87 76.9
09.02.09 625 -0.95 148.50 92.8
16.02.09 614 -1.76 149.11 91.6
--------------------------------------------------------------
Thus, according to "Kazakhstan nedvizhimost" prices on secondary housing
market in Almaty in February decreased in average by 5.3 % in dollar
equivalent, in Astana - by 5.1 %. Due to devaluation, prices in tenge
equivalent in these cities grew by 17.0 % and 17.3 % correspondently.
Prices in dollar equivalent are likely to decrease for the same reason. There
is no data on Karaganda as at the end of February.
News saying that, in February 2009, according to official statistics, the
average sales price of new habitation in Kazakhstan made KZT143.3 th. per
sq. m., re-selling price of comfortable habitation - KZT106.5 th. per sq. m.,
re-selling price of uncomfortable habitation - KZT62.2 th. per sq. m. was
published yesterday. The news is available at KASE website at
http://www.kase.kz/ru/news/show/1068584
[2009-03-11]