Nominal growth of residential property prices in the local currency reached 10.5% in 2017 in Turkey, according to the National Statistical Office. This is 14.3% less than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Turkey reached an all time high of 14.5% in 2015 and an all time low of -11.3% in 2008.
Turkey has been ranked 11th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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