Housing Prices Increased By 9 Percent

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The first and second hand housing prices in Turkey increased by 9.1 percent on average in the last year, while the increase in new houses was 2.9 percent,” said Ahmet Kayhan, senior manager of research firm Reidin.

“First and second hand housing prices in Turkey increased by 9.1 percent on average in the past year, while the rate of increase in new houses was 2.9 percent last year,” said the top manager of research firm REIDIN. Balikesir was the last province with 25.9 percent. It was followed by Kırklareli with 22.6 percent and Muğla with 19.8 percent.

housing-prices-in-istanbul

Kayhan, “Istanbul in the last one year, home prices increased by 21.9 percent in Maltepe’de increased. Maltepe’yi 21.2 percent with Üsküdar, Küçükçekmece and Chile with 20.5 percent, while the prices of homes in Beyoğlu 5.6 percent, 4.1 percent in Ataşehir, 1.7 percent in Kadıköy, “he said.

In Turkey, total house prices for sale increased by 9.1 percent in 2016, while the rate of increase for zero homes remained at 2.9 percent. Ahmet Kayhan, CEO of the Reidin Research Firm, an expert in data and analysis of the real estate sector, results of the research that investigated changes in housing prices.

Kayhan noted that second hand homes and branded projects have increased more than the first hand market, adding that the increase in the first hand market has been limited

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