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    Turkish property prices have reached pandemic levels: time to buy

    • 06.09.2024
    • Turkish property prices have reached pandemic levels: time to buy photo-1 5063
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    Turkish property prices have reached pandemic levels: time to buy photo-4

    According to data from Index, an artificial intelligence-powered property valuation and sales platform, property prices in Turkey increased by 36% year-on-year in July 2024. However, the rate of growth is beginning to slow. Adjusted for inflation, in real terms house prices are down 18% year-on-year. Index CEO and co-founder Herkem Nazyut stated that nominal house price growth has reached the levels seen before the crisis and emphasised that it is an optimal time for cash buyers.

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