Uzbekistan's housing market revives in April, secondary housing prices rise
After a slight decline in March, April saw a resurgence in activity, with transactions trending upwards. Conversely, the rental market experienced a decrease.

The Center for Economic Research and Reforms conducted an analysis in its regular review of changes in the country’s real estate market in April of this year.
Activity in Uzbekistan's housing market picked up in April, with the number of transactions increasing by 11.2%, totaling 20,000 deals.
However, April's results were below the levels of the previous year: the volume of sales decreased by 2%.
Regional Housing Market Situation
The most significant growth in real estate market activity was recorded in the Navoi and Syrdarya regions at 24% and 22.3%, respectively, and in the Republic of Karakalpakstan - 23.5%.
In the capital's housing market, the number of transactions for the month rose by 6.5%.
Tashkent Rental Market Situation
In April, the capital's rental market again showed a downward trend. Buyer activity fell by 4.3%, with the cost per square meter of housing averaging at $8.3.
The expensive rental market persists in Mirabad, Shaykhantahur, and Yakkasaray districts, where on average 1 sq. meter costs $10.4.
Relatively affordable housing rentals remain in Almazar, Sergeli, and Bektemir districts. The average rental cost in these districts is around $6.3 dollars per square meter.
Compared to April of last year, the rental market in Tashkent has contracted by 6.9%. The districts experiencing the most significant price decrease were Yashnabad at 11.6%, Yakkasaray at 11.1%, and Shaykhantahur at 10.5%.
Secondary Housing Market
In April, prices for secondary housing slightly decreased by 0.7%, while year-on-year, prices for secondary housing rose by 11.6%.
Regions with the most significant price increases in secondary housing were the Tashkent region at 23.6%, the Bukhara region at 21.3%, and the Khorezm region at 20.5%.
Meanwhile, the price increase in secondary housing in the capital accelerated. While average prices in Tashkent only rose by 0.2% in March, they went up by 1.1% in April.
The highest rates of price growth were noted in the Bektemir district (3.8%), Yakkasaray district (3.6%), and Chilanzar district (3.1%).
Secondary Market Price Parameters
Overall, average prices for secondary housing in Tashkent have risen by almost 13% over the year.
Recommended
List of streets and intersections being repaired in Tashkent published
SOCIETY | 19:12 / 16.05.2024
Uzbekistan's flag flies high on Oceania's tallest volcano
SOCIETY | 17:54 / 15.05.2024
New tariffs to be introduced in Tashkent public transport
SOCIETY | 14:55 / 05.05.2023
Onix and Tracker cars withdrawn from sale
BUSINESS | 10:20 / 05.05.2023
Latest news
-
Uzbekistan's first ambassador to Serbia begins official duties
SOCIETY | 11:27
-
Massive embezzlement uncovered at Andijan State University: Rector, chief accountant and other officials jailed
SOCIETY | 20:36 / 07.07.2025
-
Uzbekistan's economy expands 6.8% in first half of 2025
SOCIETY | 20:34 / 07.07.2025
-
Heatwave triggers nearly 250,000 emergency calls across Uzbekistan
SOCIETY | 20:31 / 07.07.2025
Related News

17:46 / 05.07.2025
Uncertainty grows as new homes remain without gas supply

15:47 / 03.07.2025
Uzbekistan moves to legalize informal brokers and digitize real estate deals

11:20 / 30.06.2025
Uzbekistan plans to ban cash payments in real estate transactions

11:38 / 27.06.2025