Categories Economy HIGHLIGHTS Markets Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis. Cem CetingucPosted on24 May, 2023 Average monthly rent prices have increased by 117 percent in one year in Turkey, according … Continue ReadingReport: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.
Categories Economy General HIGHLIGHTS 27 percent of Turkey lives in rentals: Turkstat Cem CetingucPosted on9 May, 20239 May, 2023 The share of the Turkish population in rented houses was 27.2 percent in 2022, rising … Continue Reading27 percent of Turkey lives in rentals: Turkstat
Categories HIGHLIGHTS HYPED Markets Increasing trend of second-hand homes for sale in Turkish property market Cem CetingucPosted on2 May, 2023 The number of advertisements placed to sell second-hand houses in the market has been on … Continue ReadingIncreasing trend of second-hand homes for sale in Turkish property market
Categories General HIGHLIGHTS HYPED Only 30 percent of buildings in Istanbul are earthquake resistant Cem CetingucPosted on7 March, 20237 March, 2023 Some 70 percent of buildings in Istanbul are not earthquake resistant, while about 90,000 buildings need to be … Continue ReadingOnly 30 percent of buildings in Istanbul are earthquake resistant
Categories General HIGHLIGHTS HYPED Relocation efforts start for ‘risky houses’ in Istanbul Cem CetingucPosted on2 March, 2023 Environment, Urbanization and Climate Change Minister Murat Kurum has announced that risky housing units in Istanbul will be relocated to two … Continue ReadingRelocation efforts start for ‘risky houses’ in Istanbul
Categories General HIGHLIGHTS Markets Turkey’s monthly housing sales drop drastically Cem CetingucPosted on18 January, 2023 Turkish home sales fell 8.2 percent year-on-year in December to 207,963 houses, with sales to … Continue ReadingTurkey’s monthly housing sales drop drastically
Categories Company & Industry Economy General HIGHLIGHTS Turkish government announces low interest mortgages for mid-income citizens Cem CetingucPosted on4 January, 2023 Mortgages with lower rates and longer maturities will be offered to middle-income Turkish citizens looking … Continue ReadingTurkish government announces low interest mortgages for mid-income citizens
Categories General HIGHLIGHTS HYPED New housing project launched for widows in Turkey Cem CetingucPosted on25 October, 2022 A new housing project will be launched for widowed women, the Family and Social Services Minister Derya … Continue ReadingNew housing project launched for widows in Turkey
Categories General Government schemes fall short adressing surging house prices Cem CetingucPosted on12 May, 202213 May, 2022 Turkish builders say new government schemes to support the real estate sector will boost home … Continue ReadingGovernment schemes fall short adressing surging house prices
Categories Economy General HIGHLIGHTS Erdoğan pledges to battle high cost of living Cem CetingucPosted on10 May, 2022 Pesident Recep Tayyip Erdoğan on Monday pledged arrangements to boost the purchasing power of lower-income … Continue ReadingErdoğan pledges to battle high cost of living
Categories General HIGHLIGHTS Markets Turkey’s residential property sales to foreigners rose drastically in January Cem CetingucPosted on19 February, 2022 Residential property sales to foreign buyers rose by 56.5 percent year on year to 4,186 … Continue ReadingTurkey’s residential property sales to foreigners rose drastically in January
Categories General Markets Turkey housing sales down 17% annually Cem CetingucPosted on15 September, 2021 Turkey recorded 141,400 housing sales in August, down 17% year-on-year, the country’s statistical authority announced on … Continue ReadingTurkey housing sales down 17% annually
