Kazakhstani apartment prices might stop growing because of the following:
The state in its role of a big bear with his services will only lose investing billions into the housing construction and still having masses of citizens with housing problems. Therefore there is a hope that interest rates for credits will be lowered, which is one of the reasons why people who were ready to take mortgage loans start to slow down.
The second reason is that there is a hope that prices for housing will fall on the secondary housing market. Although in the last five-seven years prices for housing were skyrocketing, the grandeur of construction in the regional centre of South Kazakhstan makes such variants quite well-based.
True, taking into consideration huge migration into Southern areas and the demographic situation, which was always buoyant in the South, one should not expect any serious falls of prices.
But at the same time even if the prices stop growing and mortgage credits will be lowered, it already can become a reason for suspending one\'s decision to buy a flat…