House Prices Rose 1.07 Percent in October

Reidin-GYODER New Housing Price Index" and "Reidin Real Estate Index" results of October are announced.

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According to the October results of the 'REIDIN Real Estate Index' covering 68 provinces in Turkey, house prices increased by 1.07 percent compared to the previous month. Housing sales prices per square meter increased by 2.03 percent in October, and Balikesir was the city with the highest prices.
'REIDIN-GYODER New Housing Price Index' Evaluating the results of October 2017, İşbank's Retail Credits Manager Recep Haki said that İşbank's home loan volume reached 20 billion TL by the end of September 2017, an increase of 13.21 percent and that it continues to be an important player in housing financing in the sector.
Khaki said: "For the first time in Turkey, whether you are an İşbank customer or not, we digitally provide an Instant Home Loan service to those who want to be a host. Those who want to buy a house and those who need a loan can complete the whole process digitally when they make an application for a home loan at the Isbank.com.tr. The whole process takes place digitally until credit calculation, appraisal, credit allocation, and finally to the branch to sign the wet signature. In the first year we started to provide services, over 32 thousand applications were made within 1 year. Demonstrated interest in Instant Home Loan in digital media; speed, simplicity, simplicity, and customer satisfaction, we are delighted with the digital services we design. "
The REIDIN-GYODER New Housing Price Index, which was prepared with the support of İşbank, increased by 0.28 percent in October compared to the previous month and was 4.29 percent compared to the same period of last year and 77.50 percent there was an increase.
In October, Istanbul's branded residential projects in Asia were at a rate of 0.11%; There was a price increase of 0.34% in branded housing projects located in the Istanbul European side. According to the initial period of the index, the projects near Istanbul Asia increased by 11.20 points compared to the European side.

 

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