On the Effect of Current Financial Developments on the Real Estate Market..

The 12-month average inflation rate for the July 2024 period was announced as 65.07%.
The interest rate given by banks on deposits began to fall below 50%.
On the foreign exchange and precious metals side, the horizontal trend has been continuing for a while.
After a long time, the construction cost increase exceeded the housing price increase in early 2024.
Turkish citizens' real estate purchases in foreign countries, especially in European countries, have broken a historical record in the last 1.5 years.
Housing prices, which increased by an average of 10 times between May 2020 and August 2022, stopped their increase in the following period.
The dollar, which was around 19 TL in May 2023, is now close to 33 TL.
In my opinion, as the appeal of keeping money in deposit decreases, the demand for real estate will begin to move.
I think this will start to happen around August and September.
In my opinion, the real estate market will always be one of the most attractive and popular economic areas in Turkey.
The important thing is correct positioning.