REIDIN.com-GYODER New Home Price Index – December 2010 Results

Issue: 1
31/01/2011

Index Summary

According to the results of REIDIN.com-GYODER New Home Price Index with the support of Garanti, in December 2010 there is %0,44 increase with respect to the previous month; and in compliance with January 2010 there is %5,32 increase.

According to December 2010 results, REIDIN.com-GYODER New Home Price Index shows the increase of %0,58 in 1+1 flat type, %0,65 in 2+1 flat type, %0,35 in 3+1 flat type and %0,42 in 4+1 flat type with respect to the previous month.

According to December 2010 results, REIDIN.com-GYODER New Home Price Index reveals that there is %0,33 increase in 51-75sqm size, %0,42 increase in 76-100sqm size, %0,72 increase in 101-125sqm size, %0,78 decrease in 126-150sqm and %0,66 increase in 151sqm and bigger sized properties.

REIDIN.com-GYODER New Home Price Index

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

Type of Houses: Number of Rooms (January 2010=100)

Type of Houses: Number of Rooms

Base Period: January 2010=100

Type of Houses: Size Range (January 2010=100)

Type of Houses: Size Range

Base Period: January 2010=100

REIDIN.com-GYODER New Home Price Index

What is?
    It is the indicator index, which is developed from the properties of corporate real estate investment firms generally known as “Trademarked Projects”, and recently has been produced in many countries like USA, Australia, Canada.
Methodology
    The monthly REIDIN.com-GYODER New Home Price Index uses a “stratified median index” approach for index calculation–an approach that is widely used for indexing housing prices.  Taken January 2010 (January 2010=100) as the base period, is calculated with the formula of Laspeyres.
Coverage
    REIDIN.com-GYODER New Home Price Index is calculated on 45 projects and with a monthly average number of 15,000 properties presented by 19 developers.

REIDIN.com Turkey Real Estate Indicators

–Indices
REIDIN.com – GYODER New Home Price Index
REIDIN.com – GYODER Office Index
REIDIN.com – Residential  Property Price Index (Sales+Rent)
REIDIN.com – Housing Affordability Index
REIDIN.com – Rental Affordability Index
REIDIN.com – Gross Rental Yield Index

–Modules
REIDIN.com – Automated Valuation Module
REIDIN.com – Loan-to-Value Calculation Module
REIDIN.com – Payback Period Calculation Module