Research Shows: The Expectancy of Increase In Prices of Houses For Sale In Turkey Has Reached 82 Percent

According to data of ING Bank’s “Housing Prices and Loans Research 2015”, the rate of people who think the prices of houses for sale in Turkey will rise in the next 12 months has reached 82 percent. Last year in the same period of time the percentage was 72. Research shows that among 15 countries, Turkey has the highest expectancy rate of increase in housing prices. 55 percent of the participants from Turkey think that reduced interest rates will affect the properties in Turkey and the prices will rise. Other 14 percent of the participants think the opposite, that the reduced interest rates will also reduce the prices. Another result from the research is that, Turkey has the highest number of people who buy houses purely for investment.