The Housing Price Index data for the period of June 2023 has been announced by the Central Bank of the Republic of Turkey (CBRT).

The KPI (2017=100), calculated to monitor the price changes of houses in Turkey, adjusted for the quality effect, increased by 4.8 percent compared to the previous month and became 920.5 in June.

While the KPI increased by 95.9 percent on an annual basis in June, the real increase in this period was 38.0 percent.

Looking at the change in KPI for the three big cities, an increase of 4.0, 5.6 and 4.9 percent was seen in Istanbul, Ankara and Izmir, respectively, in June compared to the previous month.

Compared to the same month of the previous year, the index values ​​increased to 85.1% in Istanbul, 106.0% in Ankara and 100.0% in İzmir.

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