High stability has been observed in the residential rental market. The rental index for new buildings reached 101.6, while for old buildings it stood at 100.
This information was provided to Oxu.Az by the Azerbaijan Appraisers Chamber (AQP).
It was noted that these indicators show the rental market is mainly regulated by the real payment capacity of the population and long-term housing demand.
Thus, price increases observed in the sales market have not been fully transmitted to the rental segment.
Overall, May results show that the Azerbaijani real estate market continues its healthy and balanced development in the second quarter of 2026.
Although the highest growth was observed in the investment-oriented land market, more stable and manageable dynamics have formed in the residential and commercial segments.
The main feature of the market is that it has moved away from rapid price jumps and entered a more sustainable growth phase.
