Real Estate Sales in Uzbekistan Surge Sharply in One Month
According to a new report by the Center for Economic Research and Reforms, unprecedented activity was observed in Uzbekistan's real estate market at the end of March 2026. This was reported by Zamin.uz.
The data shows that housing sales across the country grew sharply, with the number of registered transactions reaching 43,600. This figure is 47% higher than in February.
Compared to the same period last year, the sales volume has more than doubled. Industry experts attribute this rapid market growth to the new regulations that came into effect in April.
According to these rules, a transition to a settlement system via escrow accounts for real estate transactions was established. Ahead of the implementation of the new mechanism, buyers and sellers sought to finalize deals quickly under the old procedure.
Analyzing by region, the highest growth rates were recorded in Jizzakh, Syrdarya, and Namangan regions. In Tashkent, sales volume increased by 44%, with nearly 13,000 transactions signed.
Prices in the secondary housing market also continue to rise steadily. Average prices across the republic increased by 0.4% in one month and by 10% over the year.
Price growth in the Syrdarya and Samarkand regions was significantly higher than in other areas. While the annual growth in the capital's secondary market was 5%, prices remain high in central districts such as Mirabad and Mirzo Ulugbek.
At the same time, the rental market has also become significantly more active. In Tashkent, rental prices rose by nearly 3% in a month, approaching an average of $9 per square meter.
Rental rates were observed to be even higher in the central parts of the city. Growth has not stopped in the newly built housing segment either, where average prices have risen by nearly 9% compared to last year.
The overall conclusion indicates that Uzbekistan's real estate market maintains its attractiveness even under new economic conditions.
