The decline in home values in dollar terms continues - Real Estate News.
Updated data from the Turkish Central Bank (TCMB) shows that skate prices in the country continue to decline against the dollar. According to the data released by TCMB, the house price index for July 2023 increased by 7.3 percent compared to the previous month and 94.7 percent compared to July last year.
The cost per square meter in dollar terms, however, continues to fall due to the strengthening of the currency in June and July. The average cost per square meter in Turkey is $1,002.5, while in Istanbul it is $1,495.6.
We will find property in Turkey for you
- 🔸 Reliable new buildings and ready-made apartments
- 🔸 Without commissions and intermediaries
- 🔸 Online display and remote transaction
International Real Estate Consultant
Subscribe to the newsletter from Hatamatata.com!
Subscribe to the newsletter from Hatamatata.com!
Popular Posts
We will find property in Turkey for you
- 🔸 Reliable new buildings and ready-made apartments
- 🔸 Without commissions and intermediaries
- 🔸 Online display and remote transaction
International Real Estate Consultant
Subscribe to the newsletter from Hatamatata.com!
Subscribe to the newsletter from Hatamatata.com!
I agree to the processing of personal data and confidentiality rules of Hatamatata
Need advice on your situation?
Get a free consultation on purchasing real estate overseas. We’ll discuss your goals, suggest the best strategies and countries, and explain how to complete the purchase step by step. You’ll get clear answers to all your questions about buying, investing, and relocating abroad.
Irina Nikolaeva
Sales Director, HataMatata