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House Price Index in Turkey, Quarterly Index Change (2015=100)

House prices in Turkey, % change 1 yr (2010 - 2023)

Nominal and inflation-adjusted ('real')

Turkey

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20238.57%6.87%-5.58%
202214.37%16.68%14.28%6.92%
20213.03%4.18%5.84%3.32%
20203.19%7.6%2.67%-0.19%
2019-1.34%-0.82%0.53%-0.03%
2018-0.57%-2.79%-9.65%-0.56%
2017-1.07%1.01%-0.24%-2.23%
20161.8%1.48%1.58%-1.49%
20151.68%2.61%0.87%0.89%
2014-0.29%1.79%3.23%1.48%
20130.91%2.36%1.39%0.24%
20121.81%2.91%0.04%-1.06%
20110.16%-0.14%0.58%-4.18%
20101.57%-0.34%1%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.