Prices for real estate in Turkey continues to grow

The Central Bank of Turkey released analytical data on the results of October 2022. The local currency price index rose by 5.4% this month. The annual increase was 188%. At the same time, new housing has risen in price by 177.4%, and secondary housing has increased in price by 190% compared to the results of the same period last year. Istanbul is the leader in price growth. Housing there has risen in price by more than 200%. Ankara ranks second (194%), and Izmir is third (186%).