Foreigners again began to actively buy houses and apartments in Turkey. Market experts attribute the fall growth in demand to the fact that many foreigners, for example the Middle East, are eager to move to Turkey, at least for the new outbreak of coronavirus.
What happened in the Turkish housing market this week? The top property news in English on Turk.Estate.
- Despite the restrictions caused by the coronavirus pandemic, the growth in sales of Turkish housing to foreigners has been observed for five months in a row. How many houses and apartments in Turkey have foreigners bought in 2020?
- In Turkey, an increase in rental prices is being observed. The average annual growth rate reached 15.07 percent. In which provinces have apartment rental rates increased the most over the year?
- Turkish real estate agencies have nothing to sell. The reasons for the fact that demand is gradually starting to exceed supply are the increase in contractor costs and the lack of new and secondary housing available for sale.
- The coronavirus pandemic continues to affect the preferences of property buyers in Turkey. For what types of housing has the demand grown by a record 233 percent?
- Apartment prices in Turkey continue to rise. Official stats on price growth rates for the year has been published. In which cities and provinces of Turkey real estate has risen the most?