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Trends in Development of the Regional Housing Market in the Republic of Kazakhstan

Author: Aizhan A. Tugelbaeva

Abstract. The author analyses the current state and dynamics of development of regional housing market in Astana which is characterized by rapid growth in economy and population (annual population growth rate amounts to approximately 5%). The main mechanisms of the state policy on affordable housing for the population are considered; the existing problems and negative factors that influence the efficiency of the implemented programmes are identified. In the article the prevailing trends in the development of civil engineering in the capital of Kazakhstan in the coming years are detected; the possible changes in the pricing policy in the real estate market are highlighted.

Keywords: Pricing, housing market, cost price of residential construction