Türkiye, Experts expect a drop in house prices.

06/12/2024 18 min

Listen "Türkiye, Experts expect a drop in house prices."

Episode Synopsis

Turkish real estate experts predict a continued decline in housing prices, a trend observed for nine months,  attributing this to factors such as high interest rates hindering credit access. While recent sales increases are noted, experts believe this is due to investors shifting from other assets.  However, they anticipate a potential price increase in the first quarter of the new year, driven by expected interest rate reductions and increased demand.  Experts advise prospective homebuyers to act quickly due to limited housing stock and potentially higher future prices.
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