FACTORS DETERMINING THE DIFFERENTIATION OF HOUSING PRICES IN AKTOBE

Abstract

There are several factors that determine the differentiation of housing prices in the city of Aktobe. These are the quality of housing, the condition of apartments, location, proximity to the center, environmental condition, transport accessibility, etc. Due to its demand and high investment attractiveness, the city has been ahead of average Kazakh indicators in terms of housing price growth in recent years. One of the most dynamically developing housing markets in Kazakhstan is the city of Aktobe. The development of the real estate market contributes to the development of the national economy, thereby creating a favorable investment climate for investors. An increase in the income level of residents can increase the availability of housing in the city through fiscal policy instruments. The relevance of the article is related to the need to analyze trends and prospects for the development of the Aktobe real estate market, as it is of great social importance for market participants. The purpose of the study is to analyze the influencing factors and trends in the development of the real estate market in the city of Aktobe. A comparative analysis method was used to analyze the residential real estate market. The research methods was used in the article are statistical data analysis, retrospective analysis and logical approaches. At the conclusion of the study, it was found that there are many differences in the housing affordability index and in the trends in the development of the real estate market in similar geographical and economic conditions of the city of Aktobe.