Tashkent, Uzbekistan (UzDaily.com) -- The Center for Economic Research and Reforms, in its regular report, analyzes the changes that have taken place in the real estate market.

In general, in the first quarter of 2023, sales increased by 2.7%, the number of transactions exceeded 61 thousand.

In March, in most districts of the capital there was a decrease in prices for rental housing. The average cost of rent in Tashkent decreased by 7% and amounted to US$9.2 per 1 sq. m.

In the context of districts, the highest rent per 1 sq. m was noted in Shaykhantakhur (US$11.9), Yakkasaray (US$11.8) and Mirabad (US$12) districts.

At the same time, by the same period in 2022, the average cost of rent in Tashkent increased by 17.0%.

The rate of growth in the cost of housing in the secondary market in Uzbekistan has slowed down. If in January the growth of the average cost of housing per 1 square. m amounted to - 0.9%, in February - 4.5%, then in March - 0.2%.

In the secondary market of Tashkent, the growth rates of prices over the month slowed down slightly and amounted to 2.8% in March, while in January - 1.9%, in February - 3.8%.