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Turkey’s World Leader in Housing Price Increase

Striking results emerged in the housing survey covering 56 countries around the world. The nominal price increase in Turkey in 2022 was 160.6 percent.

According to the information obtained by Ajans Press from the international real estate consultancy company Knight Frank data, the countries with the highest increase in housing prices as of the third quarter of 2022 were announced. The depreciation of the Turkish Lira along with high inflation has placed Turkey at the top of the housing price increase. Slovakia ranks second with an increase of 25.5 percent, Czechia with 23.5 percent, Iceland with 22.9 percent, Estonia with 21 percent, the USA with 20.6 percent, Hungary with 19.5 percent, Latvia with 17.3 percent, Slovenia with 16.9 percent, and Canada with 16.7 percent. countries were among the ten.

In the research covering 56 countries and regions, while emphasizing high inflation in Turkey, it was stated that the nominal price increase was 189.2 percent, but the real price change, adjusted for inflation, was 57.6 percent. South Korea, Hong Kong and Peru were the countries where housing prices decreased the most in the world.

RECORD TALKING IN HOUSING

The media monitoring agency Ajans Press, examined the housing research and the media score of the housing sales. In the research, in which Ajans Press examined the Printed Press, TV channels and Web channels, 138 thousand 474 news reflections related to housing sales in 2022 were detected. The need for housing, which emerged after the great earthquake disaster we experienced, took place in the media with 102 thousand 526 news in the last month.

Source: (BYZHA) – Beyaz News Agency


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