Home    Housing Prices İncreased 1.07 Percent İn May

House prices in Turkey increased by 1.07 percent compared to the previous month and by 9.96 percent compared to the same period of the previous year.

Prepared with the support of Türkiye iş bankası “RIDING-gyoder new home price index” and “Reid’s real estate Index” for the month of May results.

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RIDING-gyoder new home price index in the month of May compared to the previous month increased by 0,11% 2,64 per cent compared to the same period last year while the index in January 2010 with the initial period of the month 74,70 per cent compared with an increase of experienced.

It is located on the Asian side of Istanbul in the month of May, 0,06% for branded residential projects, is located on the European side of Istanbul branded residential projects price increase for 0,16 percent. According to the initial period of the index compared to the Asian side of Istanbul in the European side projects showed an increase of 10.6 points.

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Consumers who purchase branded housing projects of a down payment, promissory notes and bank loans when examining utilization rates, the use of 15 percent in the month of May payment, bank loans amounted to 30 percent and 56 percent the use of the use of promissory notes. The use of bank loans in the month of April to use for a down payment 35 percent to 18 percent, 47 percent was realized as the use of promissory notes.

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The sale of the housing is held in the month of May finished with 32 percent, 68 percent of the housing stock unfinished job occurred. Stock numbers are evaluated when the melting rate, item-based 4.9 percent from 4.5 percent in stock a square foot based melting was observed. Compared to the previous month, sales increase 1 1 housing type 2 housing type 1 0,11 0,29 per cent in the month of May in percent, 3 percent and 0.40 per cent in housing type housing type 1 0,23 1 and 4 experienced an increase. 51-75 percent 76-100 square meters square meters houses with 0,18 0,24 percent decline experienced in the month of May in houses, in houses with square meters 0,22 percent 101-125, 126-150 square meters in houses 0,17 percent, 151 percent increase in houses with a larger area of 0.33 square meters and has seen.

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