Astana Real Estate Market: July 2026 in Review

Our monthly digest: what changed in the capital's housing market in July 2026 — based on official statistics and public sources.

Astana real estate market digest, July 2026
Astana real estate market digest, July 2026

Prices: BNS Data for June

Update, September 13, 2026. This issue has been reworked: editorial district price ranges and quarterly changes that were not tied to published statistics were replaced with BNS and Homsters data, and outdated mortgage information was corrected.

IndicatorMay 2026June 2026
Astana new builds, KZT/m²734,534739,033
Astana resale, KZT/m²725,713727,363
Astana rent, KZT/m² per month—5,646

Source: BNS (via Tengrinews and Inform.kz).

In January–May 2026 new builds in the capital were 18.5% and resale 10.8% more expensive than in the same period a year earlier. Across Kazakhstan in June, new housing was up 14% year on year, resale 10.4% and rents 13.4%. District prices: the Astana price index.

New-build classPrice per m², July 2026
EconomyKZT 325,800
ComfortKZT 509,393
BusinessKZT 735,326
PremiumKZT 1,063,824

Source: Homsters.

Mortgages: the 20% Effective-Rate Cap Postponed to 2027

In the spring regulators announced that the mortgage effective-rate cap would fall from 25% to 20% from July 1, 2026, but on June 30 the National Bank and the ARDFM postponed it: the cap stays at 25% until January 1, 2027, and from 2027 it will be 20% with a down payment of 30% or more and 25% otherwise. (Corrected on November 3, 2026: the first version of this digest said the 20% cap took effect on July 1.) Market mortgages remain expensive, and demand rests on state programs: according to the Association of Financiers of Kazakhstan, subsidized programs accounted for 85.1% of new lending in Q1 2026, with a weighted average rate on new loans of 10%.

Under "7-20-25" (7%, down payment from 20%, new completed housing only) money is released in quarterly tranches of KZT 25bn at the start of each quarter. All terms: "Subsidized Mortgages 2026"; payment calculations: "Mortgages in Astana 2026".

The LRT: Its First Months

The first LRT line has run since May 16, 2026: 22.4 km and 18 stations from the airport to Nurly Zhol station, KZT 200 per ride. In July there were no quantitative estimates of its price effect yet; later the National Bank published a study — its results are covered in "The LRT and Apartment Prices".

July Takeaways

  • Affordability is decided by subsidized rates. A market loan costs more than renting — compared in "Renting or a Mortgage".
  • Primary housing is rising faster than resale — factor this into your choice (analysis).
  • Before August owners should prepare apartments for the rental season, and tenants should start searching early.

What Happened Next

On August 1–18 one-room rents rose 9.1%, and the National Bank estimated the LRT effect — details in the August digest and the September digest.

Frequently Asked Questions

What did a square meter cost in Astana in June 2026?

According to the BNS, KZT 739,033 for new builds and KZT 727,363 on the resale market; rent was KZT 5,646 per m² per month.

Did the mortgage rate cap change on July 1, 2026?

No. The cut in the effective-rate cap to 20% from July 1, 2026 announced in the spring was postponed: the cap is 25% until January 1, 2027, and from 2027 it is 20% with a down payment of 30% or more and 25% otherwise (National Bank, July 1, 2026).

What share of mortgages goes through subsidized programs?

According to the Association of Financiers of Kazakhstan, 85.1% of new lending in Q1 2026 (73.9% a year earlier).

Sources

  • Tengrinews, 09.06.2026: housing prices per BNS (May) (in Russian) — tengrinews.kz
  • Inform.kz, 09.07.2026: housing prices per BNS (June) (in Russian) — inform.kz
  • Homsters: Astana new-build market (July and August 2026 data) (in Russian) — info.homsters.kz
  • National Bank of Kazakhstan, 01.07.2026: mortgage effective-rate cap 25% until January 1, 2027 (in Russian) — nationalbank.kz
  • Tengrinews, 15.06.2026: mortgage market in Q1 2026 (in Russian) — tengrinews.kz
  • Krisha.kz: "7-20-25" in 2026 (in Russian) — krisha.kz
  • Wikipedia: Astana Light Rail (in Russian) — ru.wikipedia.org

Capital Realty

An analytics team covering the Astana real estate market. Facts are checked against official sources — see our editorial policy.