16 February 2009
REIDIN.com INDEXFocus Turkey January 2009 Real Estate Sector Analysis – Residential
The monthly and yearly earning yields of residential real estates in 6 large cities of Turkey (Adana, Ankara, Bursa, Istanbul, Izmir and Kocaeli) for the period January 2009 were calculated by using the “monthly price/square meter median sales and rent values” compiled by REIDIN.COM and weighed according to the populations in these cities.
When the residential real estate investments and the financial investment instruments are adjusted by inflation rate according to the Consumer Price Index (CPI), it is seen that the investment instrument having the highest monthly real return is the Gold (ingot).
When adjusted by inflation rate according to the Consumer Price Index, the real estate investments caused a profit to the investors in real terms in January 2009. Accordingly, the rate of profit in real terms is 0.26% in
The residential sales prices in