21 April 2016
REIDIN Turkey Real Estate Confidence Index & REIDIN Turkey Real Estate Price Sentiment Index 2016 Q2
Real Estate Confidence Index Results: General Result
Turkey Real Estate Confidence Index Result is shown below:
REIDIN Turkey Real Estate Confidence Index supported by İŞBANK has been measured as 119.7 (Moderately Positive) more than %5.74 of last quarter.
Real Estate Price Sentiment Index Results: General Overview
Turkey Real Estate Price Sentiment Index Result is shown below:
REIDIN Turkey Real Estate Price Index has been measured as 132,9 less than %3.56 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.
For reliable comments, index scores were divided sub groups as “Highly Negative”, “Negative”, “Moderately Negative”, “Nearly Neutral”, “Neutral”, “Moderately Positive”, “Positive” and “Highly Positive”.
Next publishing date is 29 July 2016.
