Real growth of residential property prices in local currency reached -0.668% in 2017 in Turkey, according to the National Statistical Office. This is 115% less than in the previous year.
Historically, real growth of residential property prices in local currency in Turkey reached an all time high of 6.84% in 2015 and an all time low of -21.7% in 2008.
Turkey has been ranked 54th within the group of 71 countries we follow in terms of real growth of residential property prices in local currency.
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