Real estate in Turkey: the main news of the past week – November 19-25

Real estate in Turkey: the main news of the past week – November 19-25

We present another selection of the most interesting news of the construction and development market over the past seven days. 

 

The week was rich in numbers and statistics. Thus, housing prices have increased by 194% over the year, and the volume of housing transactions in Turkey has increased by an average of 7% in 10 months, although in some categories - up to +15%. 

 

The average rental rate in the country reached 6,250 Turkish lira, and in key cities exceeded 10,000. Well, the monthly interest charged for the use of housing loans has peaked in 40 months. 

 

Russians continue to lead in the volume of home purchases for more than six months.

 

And finally, a curious fact: Istanbul got into TOP-20 cities in the world.

 

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