Current practice of Kazakhstan on calculating of price index in the dwelling market December,3-4 2014, Astana Statistics Committee Of Ministry of national.

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Current practice of Kazakhstan on calculating of price index in the dwelling market December, , Astana Statistics Committee Of Ministry of national economy of the Republic of Kazakghstan

STATISICAL OBSERVATION ON PRICES IN THE DWELLING MARKET Territorial coverage – Statistical form –Ц-101 Notebook of registration of prices for consumer goods, paid services and dwelling From 2015 : 1-ЦРЖ Notebook of the registration of prices for dwelling Regional centers, Astana, Almaty, Zhezkazgan, Semey recorded bid price for dwelling with specially selected characteristics (total area, location, room numbers, floor, wall material of houses, class of dwellings, decoration) 2

PRICE INDEX IN THE DWELLING MARKET New dwelling sale Resale of - comfortable - uncomfortable - elite dwellings Rent of - comfortable - Uncomfortable dwellings DataData sources Monthly statistical observation materials Construction companies, real estate agencies, advertisements Method of construction of price index in the dwelling market approved by the Chairman of Agency of the RK on Statistics, №34 on December 1, Methodological framework Пpress release, express information, statistical bulletin «Prices in the dwelling market in the RK» Data publication 3

FACTORS AFFECTING ON PRICES IN THE DWELLING MARKET 4 The purchasing power of population Prices for building materials The volume of construction production Correction of national currency The volume of mortgage credit lending

5 In percentage for previous year PRICE INDEX

OBJECTIVE: Bringing price indexes for dwelling in line with international standards Use of administrative data in the Formation of price index for dwelling and development of methodology of its construction Expected results: compliance with international standards reducing the burden on respondents through the use of administrative source increasing the quality of indicator collaboration with MJ RK in obtaining administrative data from the State database «Real estate register» KAZSTAT PROJECT ACTIVITIES TO IMPROVE PRICE INDEX FOR DWELLING 6

DWELLING SERVICES IN ICP Factual rent for dwelling In section «Dwelling services, water, electric energy, gas and other types of fuel» of Classifier of individual consumption by purpose (CICP) count: Owners occupying their dwellings make up a significant share of households in Kazakhstan 043 maintenance and repair of dwellings 044 water supply and other services related to the maintenance of dwellings 045 Electricity, gas and other types of fuel