Housing prices in Ankara increased by 105.2 percent in one year

According to Central Bank data, housing prices across Turkey increased by 7.3 percent on a monthly basis in July. The annual price increase was 94.7 percent. The capital city, Ankara, took the lead in the housing price increase. The housing price increase in Ankara was 8.1 percent monthly and 105.2 percent annually in July.

According to ANKA’s news; The Central Bank of the Republic of Turkey (CBRT) announced the Housing Price Index (HPI) for July today. Accordingly, the Housing Price Index, which is calculated to monitor price changes excluding the quality effect of houses in Turkey, increased by 7.3 percent compared to the previous month and reached 988.5 in July 2023.

According to Central Bank data, despite the average monthly increase in housing prices of 7.3 percent, the index declined on an annual basis. KPI, which increased by 94.7 percent compared to the same month last year, increased by 31.2 percent in real terms in the same period. The annual increase in house prices was at 95.9 percent in the previous month.


House prices increased by 6.8 percent in Istanbul, 8.1 percent in Ankara and 5.5 percent in Izmir in July compared to the previous month. The annual price increase was 82.7 percent in Istanbul, 105.2 percent in Ankara and 97.1 percent in Izmir.

By Editor

Leave a Reply