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Expectations in the real estate market.

Expectations in the real estate market.

will play an important role in the healthy development of the real estate market.

Earthquakes can cause uncertainty in the real estate market and affect investor expectations. Therefore, it is important to properly evaluate real estate investments after earthquakes and price them correctly. Investors may avoid investing in risky areas, which can lead to regional differences in prices. Therefore, it is important to develop the right strategies, taking into account investors' expectations and risk perceptions, to promote a healthy real estate market.

After the earthquake, foreign investors' interest in the real estate market in Turkey is also an important factor. Foreign investors will shape their investment decisions,''considering factors such as infrastructure, transportation and social opportunities when assessing earthquake risk. Therefore, it is necessary to implement policies to improve these factors in order to increase the attractiveness of the real estate market in Turkey after earthquakes.

The Karamanmaraş earthquake and its aftermath. Thousands of buildings were destroyed or damaged in the 11 cities affected by the earthquake. This led to the migration of people and valuables from the earthquake zones to other regions. These migrations increased the demand for housing and affected price increases.

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In addition, people who remained in the earthquake zone prefer newer and sturdier buildings, which has relatively lowered the prices of older buildings. According to the data''According to the Central Bank of the Republic of Turkey, housing prices and rents have increased on average in the regions affected by the earthquakes. In addition, according to the Turkish Statistical Institute, housing inventories in the region have decreased. The impact of earthquakes on the real estate market varies from region to region. For example, Malatya is the city that has experienced the greatest changes in both prices and inventory dynamics in the housing sales and rental market. In other cities such as Şanlıurfa, Diyarbakır and Mardin, price and inventory changes were insignificant due to insufficient data or little earthquake impact. In light of these data, it makes sense to purchase homes after earthquakes.

There are a number of aspects to consider in doing so.

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