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Uzbek
In November, Uzbekistan’s real estate market demonstrated positive dynamics. According to the Center for Economic Research and Reforms, 21,900 sales transactions were recorded during the month, which is a 2.5% increase compared to October. On a year-over-year basis, growth reached 0.8%.
Tashkent Leads the Real Estate Market
The capital remains the country’s largest real estate market, accounting for about 30% of all transactions. In November, activity in Tashkent increased by 9.3%.
Prices for Secondary Housing
- Nationwide: Prices rose slightly by 0.3% over the month, with a year-over-year increase of 6.2%.
- In Tashkent: The average price of secondary housing increased by 0.2% over the month, reaching just over $1,100 per square meter. However, prices fell by 1.5% year-over-year.
Notable changes in Tashkent districts:
- Bektemir District: a 4.4% monthly price increase.
- Yashnabad District: a 2.4% increase.
- Shaykhantakhur District: a 2.2% increase.
Rental Market
In November, the rental market in Tashkent remained stagnant. The average rental price stood at $8.3 per square meter, maintaining the same level as in June of this year.
Rental prices in the central areas of the capital (Mirabad, Shaykhantakhur, and Yakkasaray districts):
- The cost ranges from $10 to $11 per square meter.
On a year-over-year basis, rental prices in Tashkent decreased by 10.7%. The most significant price drops were recorded in:
- Uchtepa District: a 14.5% decrease.
- Yashnabad District: a 14.3% decrease.
- Yunusabad District: a 13.8% decrease.
The article may contain inaccuracies as it is translated by AI. For more details, please refer to the Russian version of the article. If you notice any inaccuracies, you can send corrections via the Telegram bot: Uzvaibik_bot.
