Analytics

Resilience of the Real Estate Market Amid Declining Activity – CERR Report

Uzbekistan’s real estate market has experienced a decline in activity for the second consecutive month, while maintaining steady growth on a year-on-year basis. According to the results of the first quarter of this year, for the first time since the start of systematic monitoring in 2021, no region in the country recorded a decrease in sales volumes.
Resilience of the Real Estate Market Amid Declining Activity – CERR Report
The Center for Economic Research and Reforms (CERR) presented its regular report analyzing recent developments in Uzbekistan’s real estate market over the past month. Activity in the real estate market continued to decline for the second month in a row. In March, the number of transactions fell by 8.8%, totaling 20.4 thousand operations. Nevertheless, on a year-on-year basis, the market... ...

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