15 August 2016

REIDIN Turkey Real Estate Indices: July 2016 Results

REIDIN Turkey Residential Property Price Indices: July 2016 Results

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According to the results of REIDIN TURKEY RESIDENTIAL PROPERTY PRICE INDICES, supported by İŞBANK,the residential sales price index for existing homes increased 0.29% in TR-7 cities, increased 0.47% in TR-30 cities and increased 0.56% in TR-32 cities during July 2016.

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The residential rental price index for existing homes increased 0.69% in TR-7 cities, increased 0.86% in TR-30 cities and increased 0.44% in TR-32 cities during July 2016.

REIDIN-GYODER New Home Price Index: July 2016 Results

According to the results of REIDIN-GYODER New Home Price Index, supported by İŞBANK, in July 2016 there is 0.29% decrease with respect to the previous month and in compliance with July 2015 there is 6.05% increase.

“Branded Projects” in Istanbul Asian side shows 0.17% decrease and 0.24% decrease in European side.

There is a decrease of 0.06% in 1+1 flat type; increase of 0.17% in 2+1 flat type; decrease of 0.29% in 3+1 flat type and decrease of 0.13% in 4+1 flat type with respect to the previous month.

According to the results of REIDIN-GYODER New Home Price Index in July 2016 there is 0.12% decrease in 51-75sqm size; 0.12% increase in 76-100sqm; 0.22% increase in 101-125sqm size; 0.23% decrease in 126-150sqm and 0.20% decrease in 151sqm and bigger sized properties with respect to the previous month.

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