Turkish Property Prices Continue to Grow in June

Posted on 19 July 2012

While much of the world’s economies and property markets getting seeminly more volatile and risky by the day, Turkish property prices continue to grow at the same steady rate (about 10% year on year), making it a great choice for investors looking to dial down on risk.

Turkish property prices grew 0.83% on the month in June and 12.57% on the year according to the latest release of the New Home Price index by one of the country’s largest property developers Gyoder in conjunction with Reidin and Turkish bank Garanti.

Turkish property prices have been growing consistently for over 2 years and it is in the diagrams and charts along with the index that you can see the true stabilty of the market.

Chart of Turkish property price growth

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