Bridge, September 2021

Considering the June data that was updated with 2020, it is observed that there was a 28% increase in Turkey’s average as it was in the previous month. The increase in the value of real properties indicates that the market normal levels were reached in stocks, supply doesn’t meet demand, and deferred construction costs were reflected in the values.

Considering the August data that was updated with August 2020, it is observed that there was a 17% decrease in Turkey’s average. A decrease is observed compared to the previous year due to the increase in housing prices and the high cost of using loans.