25 October 2015
REIDIN Turkey Real Estate Confidence Index & REIDIN Turkey Real Estate Price Sentiment Index 2015 Q4
Turkey Real Estate Confidence Index Result is shown below:
Turkey real estate confidence index is measured as 101.8 (Nearly Neutral) less than %1.95 of last quarter.
Turkey Real Estate Price Sentiment Index Result is shown below:
Turkey real estate price sentiment index is measured as 128.9 more than %4.47 of last quarter. Market professionals expect increase in real estate prices for 2015 Q4.
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. The average of those indices set the result.
It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100. For reliable comments, index scores were divided sub groups as “Highly Negative”, “Negative”, “Moderately Negative”, “Nearly Neutral”, “Neutral”, “Moderately Positive”, “Positive” and “Highly Positive”.
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