CERR: Uzbekistan Housing Sales Rise as Prices Show Mixed Trends
The Center for Economic Research and Reforms (CERR) released an updated assessment of housing and rental market trends in Uzbekistan for November, showing strong growth in sales alongside mixed price dynamics.
According to the report, nationwide housing transactions increased by 13.2% year-on-year to about 25,000 deals. The fastest growth was recorded in the Bukhara, Kashkadarya and Samarkand regions, while Tashkent accounted for nearly 30% of all transactions, with sales rising 8.8% compared to last year.
On the secondary housing market, average prices across the country rose by around 7% year-on-year, with the sharpest increases, about 17%, seen in the Surkhandarya, Jizzakh and Namangan regions. In contrast, secondary housing prices in Tashkent edged down by 0.9%, with the steepest declines in the Mirzo-Ulugbek and Yashnabad districts.
Meanwhile, prices on Tashkent’s primary housing market increased by 4% year-on-year, with the strongest growth, around 9%,, recorded in the Yakkasaray, Mirabad and Mirzo-Ulugbek districts.
CERR also reported continued growth in the capital’s rental market. Average rents in Tashkent rose 5% year-on-year to $8.7 per square metre, with the highest rates, around $11 per square metre, remaining in central districts such as Shaykhantakhur, Mirabad and Yakkasaray.
Kursiv Uzbkistan also reports that Uzbekistan’s foreign trade turnover reached $72.8 bn in the first 11 months of 2025. This represents a 21.8% increase, or $13 bn, compared with the same period last year.
