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New housing price index in Turkey: prices for small apartments rise faster

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Author: Julia Samsonova
Turkey
Selcuk Teke / pexels

Real estate prices in Turkey have been growing rapidly in the last couple of months. According to the Reidin agency report on house price index for April, there is a nominal increase of 7.88% compared to March.

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By apartment type, the price index reflects changes unevenly. Five-room apartment prices have fallen. The price index decreased by 0.38% compared to the previous month. For four-room apartments, the index increased by 1.70%, for three-room apartments — by 9.98%, and for two-room apartments — by 19.15%.

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