15 December 2013

REIDIN.com Turkey Real Estate Indices: November 2013 Results

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November, 2013

REIDIN.com Turkey Residential Property Price Indices: November 2013 Results

The residential sales prices for existing homes increased 1.35% in Turkey overall, 0.97% in Adana, 1.06% in Ankara, 1.16% in Bursa, 1.78% in Istanbul, 0.75% in Izmir and 0.49% in Kocaeli during November 2013. On the other hand, sales prices remained constant in Antalya.


The residential rental prices for existing homes increased 0.84% in Turkey overall, 1.00% in Adana, 0.38% in Ankara, 0.20% in Antalya, 1.39% in Istanbul and 0.15% in Izmir during November 2013. On the other hand, rental prices decreased 0.20% in Bursa and 0.20% in Kocaeli.


REIDIN-GYODER New Home Price Index: November 2013 Results
According to November 2013 results, REIDIN-GYODER New Home Price Index shows the decrease of 0.28% in 1+1 flat type; increase of 0.75% in 2+1 flat type; increase of 1.56% in 3+1 flat type and increase of 0.84% in 4+1 flat type with respect to the previous month.

According to November 2013 results, REIDIN-GYODER New Home Price Index reveals that there is 0.29% decrease in 51-75sqm size; 0.21% decrease in 76-100sqm; 1.31% increase in 101-125sqm size; 1.50% increase in 126-150sqm and 0.15% increase in 151sqm and bigger sized properties with respect to the previous month.


According to the results of REIDIN-GYODER New Home Price Index, in November 2013 there is 0.98% increase with respect to the previous month and in compliance with November 2012 there is 14.75% increase.


According to November 2013 results of REIDIN-GYODER New Home Price Index, “Branded Projects” in Istanbul European side shows 1.04% increase and 0.80% increase in Asian side.

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