The number of housing transactions in Uzbekistan reached 43,600 in March 2026, a 47% increase compared to February and more than double the figure from March last year. The sharp spike in activity, observed across all regions, is attributed to the transition to escrow account payments that took effect in April: buyers rushed to complete deals under the old rules.

Growth in transactions was recorded in all regions. The leaders in growth rates compared to February were Jizzakh region (up 73.2%), Syrdarya region (up 64.6%), and Namangan region (up 63%). Most other regions, including Andijan, Bukhara, Samarkand, Surkhandarya, Karakalpakstan, Tashkent region, and Tashkent city, showed growth of 40–50%. These data were released by the Center for Economic Research and Reforms (CERR) in its real estate market review.

The capital accounted for about 34% of all transactions nationwide. In Tashkent, sales volume increased by 44% month-on-month, reaching approximately 12,800 transactions.

Regarding prices, the secondary market saw a moderate increase of 0.4% month-on-month and 10% year-on-year. The strongest annual price growth was recorded in Syrdarya region (up 22%), Samarkand region (up 18.7%), and Andijan region (up 17.6%).

In Tashkent, secondary housing prices rose by 5% year-on-year. The largest increases were in Mirabad district (up 7.3%), Mirzo Ulugbek district (7.2%), and Chilanzar district (6.9%). Primary housing is appreciating faster: up 8.8% year-on-year. Leading districts include Mirzo Ulugbek (up 15.5%), Mirabad (14.9%), and Yunusabad (14.6%).

Rental rates in Tashkent averaged about $8.9 per square meter in March, up 2.7% from February and 10.8% from March last year. The highest rates are traditionally in central districts (Mirabad, Shaykhantakhur, Yakkasaray, Mirzo Ulugbek) at around $11 per square meter. The fastest annual rental growth was in Yashnabad district (up 18.9%), Mirzo Ulugbek (14.3%), and Yakkasaray (12.5%).

Source: kun.uz