16 May 2022

REIDIN-GYODER New Home Price Index: April 2022 Results

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According to the results of REIDIN-GYODER New Home Price Index in April 2022 there is 7.88% nominal increase with respect to the previous month and in compliance with April 2021 there is 36.98% nominal increase.

According to the results of REIDIN-GYODER New Home Price Index in April 2022 there is nominal increase of 19.15% in 1+1 flat type; nominal increase of 9.98% in 2+1 flat type; nominal increase of 1.70% in 3+1 flat type and nominal decrease of 0.38% in 4+1 flat type with respect to the previous month.

Real estate prices in Turkey tend to increase rapidly in the last couple of months due to extreme changes in economic indicators.

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