Fewer Apartments Are Being Bought in Astana as Market Slump Enters Third Month
Photo: elements.envato.com
The number of housing transactions in Astana has been falling for the third month in a row, even as the market continues to grow nationwide, Orda.kz reports, citing DATA HUB.
In March 2026, 4,900 housing purchase and sale transactions were completed in Astana. That was 6% fewer than in February and 13% lower than a year earlier. The figure was the lowest since July 2024. The decline follows an active 2025, when the market grew and reached a record 11,700 transactions in December.
The decline has continued for the third month in a row. In March, apartments on the secondary market also became slightly cheaper. The segment of one-room apartments declined especially noticeably, with their share falling to 35%. the publication said.
At the same time, the market is growing across Kazakhstan as a whole. A total of 28,500 transactions were recorded nationwide, up 4% month on month and 3% year on year. Almaty made the biggest contribution, with 6,400 transactions, up 12% from February and 27% from a year earlier. Against the backdrop of overall growth, the housing market in the capital is cooling noticeably.
Original author: Elvira Ivannikova
Read also:
- Kazakhstan’s Real Estate Tycoons: Who’s Earning Billions from Square Meters
- Building a House in Kazakhstan Has Become Cheaper
- Kazakhstan's Asset Recovery Committee Uninvolved in Swiss Probe of Nazarbayev's Daughter
Latest news
- Kazakhstan’s Credit Rating Upgraded for First Time in a Decade
- While Thousands Lost Power, KEGOC Executives Received Nearly Half a Billion Tenge
- Changi Airport Group May Help Build Astana’s New Airport
- US Again Extends Deadline for Lukoil to Sell Its Assets in Kazakhstan
- Kazakhstan Extradites Business Manager From Russia in 290 Million Tenge Tax Case
- Released Amur Tiger Successfully Hunts in Kazakhstan’s Wild
- Kazakhstan Moves to Develop Critical Minerals as Global Competition Intensifies
- Another Performance by Kazakh Stand-Up Comedian Called Off
- Uzbekistan Begins Preparations for Second Nuclear Power Plant
- Backpack Links Glacier Remains to Man Missing for 19 Years
- 650-Hectare Wildfire Contained in Karaganda Region
- Unusual Wildlife Encounter Captured in Altyn-Emel
- Retired Border Service Dog Sold for $2 at Kazakhstan Auction
- Will Kazakhstan Have Enough Coal This Winter?
- Belarusian Hikers Find Body on Glacier Near Almaty
- Kazakhstan Investigates Spending on 242 Million Tenge Educational Game
- Kazakhstan Makes Caspian Oil Companies Pay for Counterterrorism Deployments
- Kazakhstan Faces Shortage of 245,000 School Places
- Waste Dumping Reported Near Yurt Camps at Lake Zaisan
- Kazakh Oil Rerouted to Novorossiysk as Russia Frees Baltic Export Capacity
