The Central Bank of the Republic of Uzbekistan has initiated, for the first time, an open roundtable with real estate market representatives to discuss current market conditions, recent trends and future development prospects. The move establishes a quarterly dialogue between the regulator and industry participants, with participants’ suggestions and views collected and reviewed. The discussion focused on changes in real estate prices and their drivers, the balance between supply and demand, the impact of mortgage lending and interest rates, market transparency and information disclosure, the functioning of the escrow system and its preliminary results, and risk management issues in the real estate sector. The central bank said the dialogue is intended to improve communication with the market and support more informed policy formulation, reduced information asymmetry and greater stability in Uzbekistan’s housing market, including for international stakeholders.
Central Bank of the Republic of Uzbekistan 2026-05-04
Central Bank of the Republic of Uzbekistan launches quarterly real estate market dialogue covering prices mortgage lending and escrow
The Central Bank of the Republic of Uzbekistan held its first open roundtable with real estate market representatives, establishing a quarterly dialogue on market conditions, trends and development prospects. Discussions covered price dynamics and drivers, supply-demand balance, mortgage lending and interest rates, transparency and disclosure, the escrow system and risk management, with the central bank aiming to improve communication, reduce information asymmetry and support more informed, stability-oriented housing market policy.