Statistical assessment of the development prospects of the primary residential real estate market in Kazakhstan

Abstract

Object: The use of mathematically sound methods to identify the main and secondary reasons for the rise in prices in the primary market of residential real estate in Kazakhstan is one of the topical areas of macroeconomic analysis, which provides a higher quality of information about socio-economic processes in the country and more correct understanding of their essence. Methods: The use of mathematically sound methods to identify the main and secondary reasons for the rise in prices in the primary market of residential real estate in Kazakhstan is one of the topical areas of macroeconomic analysis, which provides a higher quality of information about socio-economic processes in the country and a more correct understanding of their essence. Findings: Against the background of the seeming stability of the situation in the primary market of residential real estate in Kazakhstan, negative trends were identified and an approach was proposed to resolve the existing contradictions in this market, however, the trends under consideration require further more detailed study. Conclusions: The study of trends in the primary market of residential real estate in Kazakhstan made it possible to identify the prevailing contradictions and problems associated with the pricing of new housing and with the mechanisms for monitoring the quality of housing objects. In this regard, it is necessary to develop an economic mechanism for monitoring the quality of housing objects, the main idea of which is that it is unprofitable for developers to build low-quality housing.