Real Prices Declining, Nominal Prices Rising, Demand Slowing The latest housing market report by BETAM (Bahçeşehir University Center for Economic and Social Research) and sahibinden.com provides valuable insight into the trends shaping Turkey’s real estate market in June 2025. 🔍 Key Highlights: 📉 Real (inflation-adjusted) housing prices continue to fall year-over-year....
Construction cost index increased by 27.82% annually and 7.44% monthly In January 2021, construction cost index (CCI) increased by 7.44% compared with previous month and increased by 27.82% compared with the same month of the previous year. Material index increased by 3.22% and labour index increased by 17.69% compared with the previous month. Also material index increased by 32.17% and labour index...
In Turkey, a million 499 thousand 316 houses were sold in 2020 In Turkey, house sales increased by 11.2% in 2020 compared to the previous year and hence, became a million 499 thousand 316. In the January-December period, sales of mortgaged houses were 573 thousand 337 and increased by 72.4%, and in other types of sales, it was 925 thousand 979 and decreased by 8.9%. The share of the mortgage sales were...