REIDIN.com Turkey Real Estate Indices: February 2014 Results

March, 2014

REIDIN.com Turkey Residential Property Price Indices: February 2014 Results

The residential sales prices for existing homes increased 1.17% in Turkey overall, 0.59% in Adana, 0.77% in Ankara, 0.57% in Antalya, 1.22% in Bursa, 1.39% in Istanbul, 1.00% in Izmir and 0.49% in Kocaeli during February 2014.

The residential rental prices for existing homes increased 0.96% in Turkey overall, 0.97% in Adana, 0.56% in Ankara, 0.20% in Antalya, 0.40% in Bursa, 1.24% in Istanbul, 0.45% in Izmir and 0.20% in Kocaeli during February 2014.

REIDIN-GYODER New Home Price Index: February 2014 Results
According to February 2014 results, REIDIN-GYODER New Home Price Index shows the increase of 0.48% in 1+1 flat type; remain constant in 2+1 flat type; increase of 0.42% in 3+1 flat type and increase of 0.60% in 4+1 flat type with respect to the previous month.

According to February 2014 results, REIDIN-GYODER New Home Price Index reveals that there is 0.56% increase in 51-75sqm size; 0.64% increase in 76-100sqm; 0.14% increase in 101-125sqm size; 0.49% increase in 126-150sqm and 0.75% 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 February 2014 there is 0.34% increase with respect to the previous month and in compliance with February 2013 there is 13.67% increase.

According to February 2014 results of REIDIN-GYODER New Home Price Index, “Branded Projects” in Istanbul European side shows 0.27% increase and 0.39% increase in Asian side.

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