Kazakhstan records 20% housing demand increase

39,742 deals were registered in July.

According to the National Statistics Bureau, housing demand increased by 70.6% in Kyzylorda region, by 42.2% in Astana, and by 27.2% in Almaty.

The majority of deals was sealed in Astana – 8,636, Almaty – 8,432, and in Karaganda region – 2,756. Ulytau region registered the least number of deals – 247.

Out of 39,742 transactions, 31,277 were for apartments in multistory residential buildings, and 8,465 – for individual houses:

Apartments – 23% of growth (+5,848 deals)

Individual houses – 7.9% growth (+621 deals). The leaders are Almaty, Kyzylorda, Mangystau regions.

Changes in seven months

In July, the number of real estate deals decreased by 20.6% against December 2024.

However, the decline does not mean a sharp collapse - the market has returned to a more moderate level of activity, which is typical for the middle of the year.

Recall that in December 2024, Kazakhstan’s real estate market saw a record number of deals – 50,046, which is explained by a 'seasonal fever' after the news on withdrawal of pension savings and VAT increase.

July still shows strong performance: the current volume of deals is close to the annual average of recent years.

Demand remains stable in major cities and moderately declined in most regions.

In general, 231,518 real estate deals were registered coutnrywide in January-July 2025. 

Earlier it was reported that Kazakhstan plans to attract KZT 150 bln in investments in housing and public utilities.