Housing Prices Rose The Most in Çankırı

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According to the REIDIN Property Index, housing prices grew by 0.82 percent compared to the previous month. Last month, the city with the highest increase in housing prices was Çandır with 2.09 percent and Mardin with the most decrease by 0.42 percent.

According to the REIDIN Property Index, housing prices rose by 0.82 percent compared to the previous month, while the housing prices were the highest in the city, Çankırı.

The "REIDIN-GYODER New Home Price Index" and "REIDIN Real Estate Index" prepared with the support of İşbank were announced in August.
According to the REIDIN-GYODER New Housing Price Index, the price increase in August was 0.40 percent compared to the previous month and 4.19 percent compared to the same period last year. During the sales, the bank loan usage rate was 32 percent, the down payment was 22 percent, the bond usage rate was 44 percent and the stock melting rate was 3.1 percent.

THE MOST POPULAR CITY CENTER OF RESIDENTIAL SALES PRICES

According to the REIDIN Property Index covering 68 provinces in Turkey, housing prices increased by 0.82 percent compared to the previous month. In August, the city with the highest increase in residential sales prices was Çankırı with 2.09 percent.

In the same period, the city where housing sales prices decreased the most was Mardin with 0.42 percent. In this period, the city with the lowest rents for housing was Karabük with 0.71 percent, and Bursa with 2.44 percent in the city where monthly rents increased the most.
In the month of August, Istanbul has 0,71 per cent of branded residential projects located in Asia. There was a price increase of 0.23 percent in branded housing projects located in Europe. According to the initial period of the index, Asian projects were increased by 11.8 points compared to the European side.
In the last month, the down payment rate in new home sales increased by 2 percentage points to 22 percent and the bank loan usage rate increased by 2 percentage points to 32 percent while the deed rate decreased by 6 percentage points to 44 percent.

25 percent of the houses sold in August were finished and 75 percent were made up of unfinished housing stocks. According to the month of July, the stock dissolution rate realized as 3.1 percent on a piece-by-piece basis and 3.0 percent on a square meter basis.

According to the previous month, there was a rise of 0,22 percent in 2 + 1 residential type, 0,17 percent in 3 + 1 residential type and 0,78 percent in 4 + 1 residential type in August, when sales of 1 + 1 residential type increased by 0.97 percent . 0,22% in houses with a size of 51-75 square meters, 0,22% in houses with a size of 76-100 square meters, 0,22% in houses with a size of 101-125 square meters, 0,22% in houses with a size of 126-150 square meters, 34,151 square meters and a larger area housing increased by 0.86 percent was seen.
6 percent of the sales realized in the projects with branded houses were made with foreign investors. At the point of preference, it was observed that predominantly (35 percent) 2 + 1 property houses were highlighted. Foreign investors' sales, which was 6 percent in the last 6 months, were 6 percent in April and May, 5 percent in June and 4 percent in July.

When the annual increase rates are evaluated, the first 5 provinces where the prices of residential houses for sale rose the most in August; (26.82 percent), Bursa (23.10 percent), Canakkale (22.46 percent), Tekirdağ (21.01 percent) and Army (20.81 percent).

Turkey Rental Housing Price Index, which covers the whole of 68 provinces in Turkey, increased by 0.98 percent compared to the previous month and by 4.14 percent compared to the same period of the previous year. The 5 cities where rental housing prices are the highest in annual terms are; (21.28 percent), Balikesir (21.08 percent), Yozgat (20.92), Tekirdağ (15.27 percent) and Kırklareli (14.42 percent). In respect of the depreciation period, Aydin, Van and Bilecik arrived at the beginning of the illiquids where the purchased houses were able to meet the purchase price as soon as they were delivered to the rent.

Feyzullah Yetgin, President of Real Estate and Investment Trusts Association (GYODER), who stated in his statement, stated that consumers who bought houses from branded housing projects preferred to use the maximum amount of securities in advance, as well as the down payment, deed and bank loans in August, 22 percent for the down payment, 32 percent for the bank credit, and 44 percent for the deed, although the use of the bond declined by 6 percentage points, indicating that the developers are still experiencing the effects of the campaigns and payment options.

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