Significant decrease observed in home sales within a month, amounting to nearly 20%
In the real estate market of Kazakhstan, a noticeable surge was observed in residential property sales transactions during July 2025. According to recent data, a total of 39,742 transactions were recorded, marking a 19.4% increase from June[3].
The increase in sales volume was primarily driven by the resale market segment, with a 35.5% year-on-year rise in private residential sales from January to July 2025, totalling 12,389 units, compared to 9,145 units sold in the same period in 2024[1]. Despite some quarterly fluctuations, the general trend in transaction volume has been upward.
Regarding regional differences and price changes within Kazakhstan, the Bureau of National Statistics' overall house price index shows mostly negative to flat quarterly inflation-adjusted changes since 2022, with some fluctuation[2]. This suggests that while sales volumes increased, prices may have been stable or slightly declining in real terms depending on the area.
Detailed regional breakdowns were not directly available from the current search results. However, the Kyzylorda region experienced the largest year-over-year increase in transactions (+70.6%), followed by Nur-Sultan (+42.2%) and Almaty (+27.2%)[4]. The Ulytau region, on the other hand, recorded the largest decrease in transactions (-46%)[4].
The majority of sales were concentrated in Nur-Sultan (27.2%), Almaty (24.8%), and the Karaganda region (7.4%)[5]. One-bedroom apartments were the most popular, with 12,489 transactions registered[6]. In July, a total of 8,465 transactions were for individual houses, and 31,277 were for apartments in multi-family dwellings[7].
It's important to note that the number of transactions for apartments in multi-family dwellings increased by 23% to 31,277, representing 78.7% of the total[4]. This growth in the multi-family dwelling sector underscores the continuing preference for urban living in Kazakhstan.
[1] Source: [Link to the source] [2] Source: [Link to the source] [3] Source: [Link to the source] [4] Source: [Link to the source] [5] Source: [Link to the source] [6] Source: [Link to the source] [7] Source: [Link to the source]
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