According to data released by the international real estate consulting company Knight Frank on the basis of a recent study, Turkey has become the country with the most dynamic growth in housing prices.
The price analysis covered 56 states on the planet. And it turned out that in 2022 the cost of residential real estate increased the most in the Republic of Turkey: about 190%, and adjusted for inflation - 57.6%.
Moreover, the "gap" with other countries of the same rating is very large. Namely, Slovakia is in second place with a price increase of 25.5%. The Czech Republic is in third place with 23.5%; followed by Iceland (22.9%), Estonia (21%), the USA (20.6%), Hungary (19.5%), Latvia (17.3%), Slovenia (16.9%) and Canada (16.7%).
In turn, the countries where housing prices have declined the most in the world are South Korea, Hong Kong and Peru.
Earlier, the leading countries whose citizens purchased the most apartments and houses in Turkey in February 2023 were determined. And in March, a liner arrived in Alanya with hundreds of wealthy foreigners, potential investors.