Abstract:
The article analyzes the influence of the main economic indicators of the real estate market in Kazakhstan,
and a forecast of real estate prices. Since the real estate market refers to the resource market, then it affects all
of the same factors that are characteristic of the resource market. It is not only the demand, supply, competition,
the level of socially necessary labor, the industry average level of profitability, the state of the financial
sector, the state level of intervention in terms of the functioning of the market, specific to the existence of
market-based pricing mechanism. In accordance with its definition of the market value of the property depends
on the factors that determine the average or more likely the price of its sale on the market in normal
conditions of the transaction. Multivariate correlation and regression analysis for the period from 2007 to
2017 was conducted to assess the impact of the real estate market the main factors of development and forecast
average annual data. As a result of the analysis obtained pairwise correlation coefficients, determining
closeness of the relationship between variables. Along with the dynamics of the dollar for the analysis were
chosen the most significant factors affecting the real estate market, such as the rate of the dollar to the tenge,
the volume of mortgage lending; world oil prices, the nominal income residents. Determined closeness of the
relationship between the studied factors. It revealed a level of correlation between the factors of the real estate
market and selected the most relevant macroeconomic factors affecting the real estate market.
