Mortgage Demand in Kazakhstan Drops 13.4% Over the Year
Summary
Mortgage demand in Kazakhstan declined by 13.4% over the past year, with preferential lending programs dominating the market.
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Kazakhstan's mortgage lending market has recorded a noticeable decline in activity. Over the past year, total demand for mortgage loans across the country decreased by 13.4%.
Preferential and subsidized loan programs currently dominate the residential finance market, driving the majority of completed transactions amid the overall cooldown.
The statistical shift highlights changing conditions in real estate financing, with prospective home buyers continuing to rely predominantly on state-supported preferential initiatives rather than commercial market offerings.
Source: Kapital.kz
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