REIDIN.com Turkey Real Estate Indices: February 2015 Results

March, 2015

REIDIN Turkey Residential Property Price Indices: February 2015 Results

The residential sales prices for existing homes increased 1.12% in Turkey overall, 1.53% in Adana, 0.62% in Ankara, 1.02% in Antalya, 1.14% in Bursa, 1.20% in Istanbul, 1.02% in Izmir and 0.88% in Kocaeli during February 2015.

The residential rental prices for existing homes increased 0.60% in Turkey overall, 0.43% in Adana, 0.17% in Antalya, 1.05% in Istanbul, 0.67% in Izmir and 0.53% in Kocaeli; rental prices decreased 0.51% in Ankara and 0.56% in Bursa during February 2015.

REIDIN-GYODER New Home Price Index: February 2015 Results
According to February 2015 results, REIDIN-GYODER New Home Price Index remains increase of 0.20% in 1+1 flat type; increase of 0.38% in 2+1 flat type; increase of 0.65% in 3+1 flat type and increase of 0.35% in 4+1 flat type with respect to the previous month.

According to February 2015 results, REIDIN-GYODER New Home Price Index reveals that there is 0.20% increase in 51-75sqm size; 0.40% increase in 76-100sqm; 0.89% increase in 101-125sqm size; 0.65% increase in 126-150sqm and 0.49% 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 2015 there is 0.39% increase with respect to the previous month and in compliance with February 2014 there is 6.19% increase.

According to February 2015 results of REIDIN-GYODER New Home Price Index, “Branded Projects” in Istanbul European side shows 0.13% increase and 0.55% increase in Asian side.

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