In housing prices, the pointer reversed: Some cities were excited, brake in tourist regions!

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Lerato Khumalo

Interest rates affected, some provinces were excited
Recently, the upward interest rates in housing loans have adversely affected the purchasing power of citizens who want to own a host. Although this has a limiting effect on housing prices in general, some provinces have gone beyond this general trend.

The annual inflation rate of the Turkish Statistical Institute (TURKSTAT) was 37.86 percent, while the increase in housing prices in some cities has left this rate behind.

Here are the top 5 cities where housing prices increase above inflation:

According to data released by the Turkish Statistical Institute (TURKSTAT), the annual inflation rate in April was 37.86 percent. On the other hand, the increase in housing prices in some provinces has left this rate behind. Here are the top 5 cities where housing prices increase the most:

Diyarbakır: 59.6 %

Erzurum: 48.8 %

Manisa: 45.8 %

Balıkesir: 35.8 %

Samsun: 35.4 %

Price increase in touristic regions slowed down

On the other hand, in the summer months, the high demand in the residues of housing prices in the residential increase in a more limited increase. While the lowest annual increase rate was recorded in Aydın, a similar picture emerged in other tourist regions:

Aydın: 21.3 %

Malatya: 21.5 %

Muğla: 21.7 %

Antalya: 22.3 %

Mersin: 23.7 %