27 October 2020

REIDIN Turkey Real Estate Confidence Index & Price Sentiment Index 2020 Q4

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REIDIN Turkey Real Estate Confidence Index Results

REIDIN Real Estate Confidence Index for 2020 Q4 has been measured as 59.5 (Negative) less than %38 of last quarter.

REIDIN Turkey Real Estate Price Sentiment Index Results

REIDIN Real Estate Price Sentiment Index for 2020 Q4 has been measured as 94.7 (Moderately Negative) less than %16 of last quarter.

Methodology

REIDIN Turkey Real Estate Confidence Index is calculated using the “Balance Method” and is evaluated within the range of 0-200.

In this method, numerical difference of percentage distribution of positive and negative answers (according to the result of the survey) is being calculated. 100 point is being added to the difference, and for each subsection an index value (with the range of 0-200) is calculated.

It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.

Next publishing date is 26 January 2021.

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