sahibinden.com shared with the public the August report of “Sahibindex Housing Market Outlook for Rent and Sale”, which was prepared in cooperation with Bahçeşehir University Center for Economic and Social Research (BETAM).
According to the report, despite the ongoing downward trend in housing prices for sale, there is a significant increase in rental housing demand. The housing market, which slowed down in June due to the festive holiday, revived in July. Housing demand index, on the other hand, gained vitality with an increase of 26.4 percent compared to June.
Another point that should be especially emphasized is the increase in the ratio of “houses sold to the number of advertisements for sale” throughout the country and in metropolitan cities. Likewise, it is stated that the duration of the residence ads for sale is extended. While this shows that the interest in houses for sale has decreased, it also explains the downward trend observed in housing prices for a while. The annual price increase, which was 86.5 percent in June, increased in July. 82.7 percentIt has regressed to .
In the rental housing market A positive picture prevails. Rental housing demand index increased in July as in previous months. In addition to this increase, it is noted that the demand for rental housing is 25.4 percent higher than in July last year. In addition, it is stated that the ratio of the number of rented houses to the number of rental ads has increased and the number of rental ads and the number of rented houses have both increased in the last three months.
According to experts, it is stated that with the opening of the universities that are in the holiday period, there may be an increase in the demand for rental housing, especially in big cities.
