Turkish Real Estate Sector Confidence Index and Price Expectations for 1. Quarter of 2016

The confidence index for theTurkish real estate sector in the 1st quarter of 2016 was measured as 113,2, increase by 11,28% when compared with the previous period.

Turkish Real Estate Sector Confidence Index and Price Expectations for 1. Quarter of 2016

The confidence index for the Turkish real estate sector in the 1st quarter of 2016 was measured as 113,2 (partially optimistic). This is an increase by 11,28% when compared with the previous period.

The price expectation figure for the Turkish real estate sector in the 1st quarter of 2016 was measured as 137,8. This is an increase by 6,85% when compared with the previous period. Accordingly, price increases are expected in the real estate sector in the coming three months, when compared to the previous period of three months.

The Confidence in the Sector is Partially Optimistic The REIDIN Turkish Real Estate Sector Confidence Index, which aims to measure the confidence of the professionals who play a role in the real estate sector – one of the locomotive sectors of the country’s economy – prepared with the support of Türkiye İş Bank, has been measured as 113,2 (Partially Optimistic), in the 1st quarter of 2016, with an increase of 11,28% when compared with the previous quarter. This figure shows that the confidence felt in the sector in the coming three month period is Partially Optimistic.

Expectation of Increase in Prices is Continuing
The REIDIN Turkish Real Estate Confidence Index, which is prepared with the support of Türkiye İş Bank, has been measured as 137,8 in the 1st quarter of 2016, which is an increase of 6,85% when compared with the previous quarter. Accordingly, as per the previous three months, the expectation for real estate prices to increase in the coming period of three months is also continuing.

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