The number of transactions last year reached 319.5 thousand.

In total, 15.9 mln square meters of housing were built in Uzbekistan last year. Photo: Roman Fedotov/Kursiv Uzbekistan

In 2025, the number of transactions in Uzbekistan’s real estate market reached 319.5 thousand, showing an annual increase of 15.8%, according to a report by the Central Bank of Uzbekistan.

By the end of the fourth quarter of last year, the figure reached 89.7 thousand purchase and sale transactions, marking a year-on-year increase of 24.5%.

As the regulator noted, the growth in real estate market activity was driven by the expansion of mortgage financing and rising incomes of Uzbekistan’s population. Over the past year, the volume of loans issued for housing purchases reached 21.2 trillion soums, increasing by 29% compared to 2024.

In addition, in 2025, 15.9 million square meters of housing were commissioned in Uzbekistan — 7.2% more than a year earlier. The leaders in construction were Khorezm Region (36%), as well as Surkhandarya Region (6.7%) and Fergana Region (6.5%).

As for housing prices, the cost of apartments in new buildings increased by 5.7% in dollar terms over the year, while secondary housing rose by 7.9%.

In soum terms, prices for new apartments decreased by 1.3%, while the secondary market saw an increase of 0.7%.