According to the results of 2023
In 2023, commercial banks in Uzbekistan issued mortgage loans totaling 16.85 trillion soums. This represents a 17% increase compared to the previous year, as determined by the international consulting company Commonwealth Partnership Uzbekistan (CMWP). A report on this study is available to "Kursiv".
Analysts noted a growth in the amount of mortgage loans issued in dollars within the country. This figure reached $1439 million in 2023, an increase of 10.6% year-on-year.
Approximately 60% of mortgage loans last year were allocated to the primary market, with the remaining 40% going towards secondary housing. This ratio has shifted over the year, with the popularity of new apartments and houses declining by 15%.
In 2022, mortgage agreements accounted for 28% of the total number of transactions in both the primary and secondary markets.
Source: Kursiv
