15 June 2022

REIDIN-GYODER New Home Price Index: May 2022 Results

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According to the results of REIDIN-GYODER New Home Price Index in May 2022 there is 11.67% nominal increase with respect to the previous month and in compliance with May 2021 there is 52.59% nominal increase. 

According to the results of REIDIN-GYODER New Home Price Index in May 2022 there is nominal increase of 5.43% in 1+1 flat type; nominal increase of 11.41% in 2+1 flat type; nominal increase of 13.59% in 3+1 flat type and nominal increase of 18.38% 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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