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House prices in Turkey: house price index (2010=100)
March, 17, 2023
Turkey
House prices in Turkey. The Turkish Central Bank publishes a monthly Residential Property Index, starting in 2010, which we use here. REIDIN.com publishes a monthly Turkey Residential Property Price Index, limited to subscribers.
House prices in Turkey, % change 1 yr
Nominal and inflation-adjusted ('real')
Turkey
Source: Turkey Central Bank
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2022 | 14.37 | 16.68 | 14.28 | 6.89 |
| 2021 | 3.03 | 4.18 | 5.84 | 3.32 |
| 2020 | 3.19 | 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 |
| 2016 | 1.8 | 1.48 | 1.58 | -1.49 |
| 2015 | 1.68 | 2.61 | 0.87 | 0.89 |
| 2014 | -0.29 | 1.79 | 3.23 | 1.48 |
| 2013 | 0.91 | 2.36 | 1.39 | 0.24 |
| 2012 | 1.81 | 2.91 | 0.04 | -1.06 |
| 2011 | 0.16 | -0.14 | 0.58 | -4.18 |
| 2010 | 1.57 | -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.