14 June 2012

REIDIN.com Turkey Real Estate Indices: May 2012 Results

June, 2012

The residential sales prices for existing homes increased 1.10% in Turkey overall, 0.45% in Adana, 1.58% in Ankara, 1.70% in Antalya, 1.54% in Bursa, 0.95% in Istanbul, 1.00% in Izmir and 1.21% in Kocaeli during May 2012.

The residential rent prices for existing homes increased 1.01% in Turkey overall, 1.19% in Adana, 1.56% in Ankara, 0.46% in Antalya, 0.86% in Bursa, 0.78% in Istanbul, 1.66% in Izmir and 0.88% in Kocaeli during May 2012.

REIDIN.com-GYODER New Home Price Index: May 2012 Results
– According to the results of REIDIN.com-GYODER New Home Price Index with the support of Garanti, in May 2012 there is 0.58% increase with respect to the previous month and in compliance with May 2011 there is 12.16% increase.

– According to May 2012 results of REIDIN.com-GYODER New Home Price Index, “Trademarked Projects” in Istanbul European side shows 0.71% increase and 0.45% increase in Asian side.

– According to May 2012 results, REIDIN.com-GYODER New Home Price Index shows the increase of 1.00% in 1+1 flat type; increase of 0.48% in 2+1 flat type; increase of 0.42% in 3+1 flat type and increase of 0.88% in 4+1 flat type with respect to the previous month.

– According to May 2012 results, REIDIN.com-GYODER New Home Price Index reveals that there is 1.01% increase in 51-75sqm size; 0.52% increase in 76-100sqm; 0.57% increase in 101-125sqm size; 0.68% increase in 126-150sqm and 0.52% increase in 151sqm and bigger sized properties with respect to the previous month.

% Change in REIDIN.com-GYODER New Home Price Index

According to the results of REIDIN.com-GYODER New Home Price Index with the support of Garanti, in May 2012 there is 0.58% increase with respect to the previous month and in compliance with May 2011 there is 12.16% increase.

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