Turkey House Prices Growth

2011 - 2024 | Monthly | % | CEIC Data

Key information about House Prices Growth

  • Turkey house prices grew 34.3% YoY in Aug 2024, following an increase of 38.7% YoY in the previous month.
  • YoY growth data is updated monthly, available from Jan 2011 to Aug 2024, with an average growth rate of 12.4%.
  • House price data reached an all-time high of 186.8% in Oct 2022 and a record low of 1.2% in Jun 2019.

CEIC calculates House Prices Growth from monthly Residential Property Price Index. The Central Bank of Republic of Turkey provides Residential Property Price Index with base 2023=100.

View Turkey's House Prices Growth from Jan 2011 to Aug 2024 in the chart:

Turkey House Prices Growth

What was Turkey's House Prices Growth in Aug 2024?

Turkey house prices grew 34.3% YoY in Aug 2024, following an increase of 38.7% YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
34.3 Aug 2024 38.7 Jul 2024 1.2 Jun 2019 186.8 Oct 2022 % monthly Jan 2011 - Aug 2024

House Prices Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 6.4 Jun 2024 quarterly Sep 2004 - Jun 2024
Austria (%) -3.2 Jun 2024 quarterly Sep 1987 - Jun 2024
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 1.8 Jun 2024 quarterly Mar 1974 - Jun 2024
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 6.9 Aug 2024 monthly Jan 2009 - Aug 2024
Brunei (%) -1.6 Mar 2024 quarterly Mar 2016 - Mar 2024
Bulgaria (%) 15.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Canada (%) 0.0 Aug 2024 monthly Jan 1982 - Aug 2024
Chile (%) -0.7 Jun 2024 monthly Jan 2004 - Jun 2024
China (%) -6.3 Jun 2024 monthly Mar 1999 - Jun 2024
Colombia (%) 10.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Croatia (%) 1.8 Dec 2023 semiannually Jun 1996 - Dec 2023
Cyprus (%) 7.8 Mar 2024 quarterly Mar 2007 - Mar 2024
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) 3.4 Sep 2024 quarterly Sep 2004 - Sep 2024
European Union (%) 1.3 Mar 2024 quarterly Mar 2006 - Mar 2024
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -4.8 Mar 2024 quarterly Mar 2001 - Mar 2024
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -2.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Greece (%) 9.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Hong Kong SAR, China (%) -13.7 Jul 2024 monthly Jan 1994 - Jul 2024
Hungary (%) 9.1 Mar 2024 quarterly Mar 2008 - Mar 2024
Iceland (%) 11.7 Aug 2024 monthly Mar 2001 - Aug 2024
India (%) 6.2 Jun 2024 quarterly Mar 2011 - Jun 2024
Indonesia (%) 1.8 Jun 2024 quarterly Mar 2003 - Jun 2024
Ireland (%) 9.6 Jul 2024 monthly Jan 2006 - Jul 2024
Israel (%) 3.4 Apr 2024 monthly Jan 1995 - Apr 2024
Italy (%) 2.9 Jun 2024 quarterly Mar 2011 - Jun 2024
Japan (%) 3.5 May 2024 monthly Apr 2009 - May 2024
Kazakhstan (%) 5.1 Aug 2024 monthly Nov 2013 - Aug 2024
South Korea (%) -0.3 Aug 2024 monthly Jan 1987 - Aug 2024
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -14.4 Dec 2023 quarterly Mar 2008 - Dec 2023
North Macedonia (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Malaysia (%) 0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Malta (%) 3.4 Jun 2024 quarterly Mar 2001 - Jun 2024
Mexico (%) 9.4 Jun 2024 quarterly Mar 2006 - Jun 2024
Mongolia (%) 11.2 Jun 2024 quarterly Mar 2023 - Jun 2024
Montenegro (%) 30.9 Mar 2024 quarterly Mar 2012 - Mar 2024
Morocco (%) -0.4 Jun 2024 quarterly Mar 2007 - Jun 2024
Netherlands (%) 11.2 Aug 2024 monthly Jan 1996 - Aug 2024
New Zealand (%) -0.7 Dec 2023 quarterly Dec 1990 - Dec 2023
Norway (%) 1.2 Mar 2024 quarterly Mar 1993 - Mar 2024
Palestinian Territory (%) -1.5 Jun 2024 quarterly Mar 2019 - Jun 2024
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) 6.1 Mar 2024 quarterly Mar 2015 - Mar 2024
Poland (%) 19.2 Jun 2024 quarterly Dec 2006 - Jun 2024
Portugal (%) 7.8 Jun 2024 quarterly Mar 2010 - Jun 2024
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) -5.0 Dec 2023 semiannually Jun 1995 - Dec 2023
Singapore (%) 6.0 Jun 2024 quarterly Mar 1976 - Jun 2024
Slovakia (%) -1.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Slovenia (%) 6.7 Jun 2024 quarterly Mar 2008 - Jun 2024
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 3.1 Aug 2024 monthly Jan 2002 - Aug 2024
Sweden (%) -0.1 Jun 2024 quarterly Mar 1987 - Jun 2024
Switzerland (%) 0.5 Jun 2024 quarterly Mar 1971 - Jun 2024
Taiwan (%) 11.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 34.3 Aug 2024 monthly Jan 2011 - Aug 2024
Ukraine (%) 8.7 Jun 2024 quarterly Mar 2017 - Jun 2024
United Kingdom (%) 2.4 Aug 2024 monthly Jan 1992 - Aug 2024
United States (%) 6.1 Jun 2024 quarterly Mar 1992 - Jun 2024

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Turkey Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 Jun 2024 quarterly Dec 2006 - Jun 2024
Consolidated Fiscal Balance (USD mn) -5,077.405 Aug 2024 monthly Jan 2006 - Aug 2024
Tax Revenue (USD mn) 17,168.546 Aug 2024 monthly Jan 2006 - Aug 2024
Tax Revenue: % of GDP (%) 18.8 Jun 2024 quarterly Mar 2006 - Jun 2024
National Government Debt (USD mn) 254,513.1 2022 yearly 2001 - 2022
Government Debt: % of GDP (%) 28.5 Mar 2024 quarterly Dec 2001 - Mar 2024
Forecast: Government Expenditure (TRY bn) 41,984.044 2029 yearly 2000 - 2029
Forecast: Government Net Debt (TRY bn) 60,762.080 2028 yearly 2000 - 2028
Forecast: Government Revenue (TRY bn) 37,733.782 2029 yearly 2000 - 2029
General Budget: Revenue (TRY mn) 732,569.490 Aug 2024 monthly Jan 2005 - Aug 2024
General Budget: Expenditure (TRY mn) 932,187.010 Aug 2024 monthly Jan 2005 - Aug 2024
General Budget: Cash Balance (TRY mn) -194,617.530 Aug 2024 monthly Jan 2005 - Aug 2024
General Budget: ytd: Expenditure (EX) (TRY th) 6,131,693,836.811 Aug 2024 monthly Jan 2006 - Aug 2024
General Budget: ytd: Revenue: Tax: Direct (TRY th) 1,444,500,658.563 Aug 2024 monthly Jan 2006 - Aug 2024
General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) 2,640,391,293.373 Aug 2024 monthly Jan 2006 - Aug 2024
General Budget: ytd: Balance (TRY th) -1,001,093,848.618 Aug 2024 monthly Jan 2006 - Aug 2024
General Budget: ytd: Revenue (TRY th) 5,130,599,988.193 Aug 2024 monthly Jan 2006 - Aug 2024
General Budget: ytd: Revenue: Tax (TRY th) 4,401,814,635.075 Aug 2024 monthly Jan 2006 - Aug 2024
General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) 276,576,454.364 Aug 2024 monthly Jan 2006 - Aug 2024
Central Government Debt: External (TRY mn) 538,505.357 Mar 2019 monthly Jan 2002 - Mar 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.230 2028 yearly 1980 - 2028
Trade Balance (USD mn) -8,483.7 Apr 2023 monthly Jan 2013 - Apr 2023
Total Exports (USD mn) 14,265.9 Dec 2019 monthly Jan 1997 - Dec 2019
Total Exports Growth (%) 0.9 May 2023 monthly Jan 2014 - May 2023
Aluminum: Exports (USD th) 3,833,134.665 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,290,644.710 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 651,764.672 2022 yearly 1995 - 2022
Total Imports (USD mn) 17,684.5 Dec 2019 monthly Jan 1997 - Dec 2019
Total Imports Growth (%) 6.5 May 2023 monthly Jan 2014 - May 2023
Imports: Medicament (USD th) 2,306,593.258 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,692,489.997 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,441.077 Jul 2024 monthly Apr 1964 - Jul 2024
Total Imports from USA (USD mn) 1,399.736 Jul 2024 monthly Apr 1964 - Jul 2024
Total Exports to China (USD mn) 337.216 Jul 2024 monthly Jan 2013 - Jul 2024
Total Imports from China (USD mn) 4,154.707 Jul 2024 monthly Sep 1992 - Jul 2024
Trade Balance: USD (USD mn) -2,136.727 Mar 2019 monthly Jan 1969 - Mar 2019
Natural Gas: Annual: Production (Cub m mn) 851.970 2023 yearly 1976 - 2023
Export Value Index (2015=100) 149.169 2021 yearly 1980 - 2021
Import Value Index (2015=100) 127.060 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 510.0 Jul 2024 monthly Jan 1992 - Jul 2024
Current Account Balance (USD mn) 566.0 Jul 2024 monthly Jan 1992 - Jul 2024
Current Account Balance: % of GDP (%) -1.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment (USD mn) 1,180.0 Jul 2024 monthly Jan 1992 - Jul 2024
Foreign Direct Investment: % of GDP (%) 1.0 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Portfolio Investment (USD mn) 8,998.000 Jun 2024 quarterly Mar 1992 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 2.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -1,536.0 Jun 2024 quarterly Mar 1992 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 10,534.000 Jun 2024 quarterly Mar 1992 - Jun 2024
External Debt (USD mn) 506,822.6 Mar 2024 quarterly Dec 1989 - Mar 2024
External Debt: % of GDP (%) 45.2 2023 yearly 1989 - 2023
External Debt: Short Term (USD mn) 178,319.0 Mar 2024 quarterly Dec 1989 - Mar 2024
External Debt: Short Term: % of GDP (%) 15.9 2023 yearly 1989 - 2023
Total Debt: % of GDP (%) 273.5 Mar 2024 quarterly Dec 2014 - Mar 2024
Forecast: Current Account Balance (USD bn) -36.365 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -362,808.000 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: FA: Portfolio Investment: Net Acquisition of Financial Assets (USD mn) 2,681.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: FA: Portfolio Investment: Net Incurrence of Liabilities (NI) (USD mn) 6,407.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: FA: Other Investment: Net Acquisition of Financial Assets (FA) (USD mn) -1,072.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: FA: Other Investment: Net Incurrence of Liabilities (NI) (USD mn) -1,777.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current, Capital and Financial Accounts (USD mn) 4,180.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Net Errors and Omissions (USD mn) 1,186.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Capital Account (USD mn) -77.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Secondary Income (USD mn) 66.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Goods (USD mn) -5,102.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Goods: Exports: F.o.B. (USD mn) 22,008.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Services: Credit (USD mn) 11,805.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Services: Debit (USD mn) 4,932.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: FA: Direct Investment: Net Acquisition of Financial Assets (USD mn) 510.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Primary Income: Credit (USD mn) 1,301.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Goods: Imports: F.o.B. (USD mn) 27,110.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: Current Account: Primary Income: Debit (USD mn) 2,572.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: CA: Services (USD mn) 6,873.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: CA: Primary Income (PI) (USD mn) -1,271.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: FA: Direct Investment (DI) (USD mn) -670.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -3,726.000 Jul 2024 monthly Jan 1992 - Jul 2024
BoP: FA: Other Investment (OI) (USD mn) 705.000 Jul 2024 monthly Jan 1992 - Jul 2024
International Investment Position (IIP) (USD mn) -362,808.000 Jun 2024 quarterly Mar 2006 - Jun 2024
IIP: Assets (USD mn) 344,644.000 Jun 2024 quarterly Mar 2006 - Jun 2024
IIP: Liabilities (USD mn) 707,452.000 Jun 2024 quarterly Mar 2006 - Jun 2024
External Debt: BR: Long Term (LT) (USD mn) 328,503.627 Mar 2024 quarterly Dec 1989 - Mar 2024
FDI: Flows: NACE 2: IS: Electricity, Gas, Steam & Air Conditioning (USD mn) 4.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: NACE 2: Services (SE) (USD mn) 234.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: NACE 2: SE: Financial and Insurance (FI) (USD mn) 12.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: NACE 2: IS: Manufacturing (Mfg) (USD mn) 340.000 Jul 2024 monthly Jan 2005 - Jul 2024
Foreign Direct Investment (FDI): Flows: NACE 2 (USD mn) 587.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: NACE 2: Industrial Sectors (IS) (USD mn) 348.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: Europe: Spain (USD mn) 5.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: Europe: Germany (USD mn) 227.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: Europe: Austria (USD mn) 17.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: Europe: Netherlands (USD mn) 142.000 Jul 2024 monthly Jan 2005 - Jul 2024
FDI: Flows: Asia: NM: GA: Qatar (USD mn) 0.000 Jul 2024 monthly Jan 2005 - Jul 2024
Investment Abroad: DI: FL: RE: IS: Manufacturing (Mfg) (USD mn) 33.000 Jul 2024 monthly Jan 2005 - Jul 2024
Investment Abroad: DI: FL: RE: IS: Mining and Quarrying (USD mn) 72.000 Jul 2024 monthly Jan 2005 - Jul 2024
Investment Abroad: DI: FL: RE: Services (SE) (USD mn) 372.000 Jul 2024 monthly Jan 2005 - Jul 2024
Investment Abroad: DI: FL: RE: Industrial Sectors (IS) (USD mn) 117.000 Jul 2024 monthly Jan 2005 - Jul 2024
Investment Abroad: DI: FL: RE: SE: Financial and Insurance (FI) (USD mn) 69.000 Jul 2024 monthly Jan 2005 - Jul 2024
Direct Investment Abroad: Flows: RE: Europe: United Kingdom (USD mn) 37.000 Jul 2024 monthly Jan 2005 - Jul 2024
Direct Investment Abroad: Flows: RE: America: North: United States (USD mn) 98.000 Jul 2024 monthly Jan 2005 - Jul 2024
Direct Investment Abroad: Flows: RE: Europe: Netherlands (USD mn) 68.000 Jul 2024 monthly Jan 2005 - Jul 2024
Direct Investment Abroad: Flows: RE: Europe: OT: Russia (USD mn) 0.000 Jul 2024 monthly Jan 2005 - Jul 2024
Direct Investment Abroad: Flows: Residents (RE) (USD mn) 490.000 Jul 2024 monthly Jan 2005 - Jul 2024
Direct Investment Abroad: Flows: RE: Asia: NM: OT: Azerbaijan (USD mn) 2.000 Jul 2024 monthly Jan 2005 - Jul 2024
Number of Companies: Newly Established (Unit) 9,482.000 Aug 2024 monthly Jan 1995 - Aug 2024
Number of Companies: Liquidated (Unit) 1,867.000 Aug 2024 monthly Jan 1995 - Aug 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Jul 2024 monthly Jan 2003 - Jul 2024
Household Debt: % of GDP (%) 11.0 Mar 2024 quarterly Dec 2014 - Mar 2024
Non-Performing Loans (USD mn) 7,373.436 Jul 2024 monthly Dec 2002 - Jul 2024
Money Supply M1 (USD mn) 169,081.278 Jul 2024 monthly Dec 1963 - Jul 2024
Money Supply M2 (USD mn) 477,134.544 Jul 2024 monthly Dec 1976 - Jul 2024
M2 Growth (%) 37.0 Jul 2024 monthly Dec 1977 - Jul 2024
Reserve Requirement Ratio (%) 8.0 Aug 2024 monthly Jan 2011 - Aug 2024
Foreign Exchange Reserves (USD mn) 81,738.0 Aug 2024 monthly Apr 2000 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 6.544 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.0 Aug 2024 monthly Apr 2000 - Aug 2024
Gold Reserves (USD mn) 57,153.000 Jul 2024 monthly Dec 1956 - Jul 2024
Total Deposits (USD mn) 512,421.248 Jul 2024 monthly Dec 2002 - Jul 2024
Total Deposits Growth (%) 36.0 Jul 2024 monthly Dec 2003 - Jul 2024
Domestic Credit (USD mn) 550,532.9 Jul 2024 monthly Jan 1986 - Jul 2024
Domestic Credit Growth (%) 36.6 Jul 2024 monthly Jan 1987 - Jul 2024
Debt Service Ratio: Private Non-Financial Sector (%) 31.400 Dec 2023 quarterly Mar 2002 - Dec 2023
Credit to Households (USD bn) 96.972 Dec 2023 quarterly Mar 1986 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 523.532 Dec 2023 quarterly Mar 1986 - Dec 2023
Household Debt (USD mn) 96,815.3 Jul 2024 monthly Jan 1986 - Jul 2024
Total Loans (USD mn) 350,090.897 Jul 2024 monthly Jan 1986 - Jul 2024
Total Loans Growth (%) 37.67 Jul 2024 monthly Jan 1987 - Jul 2024
Private Debt: % of Nominal GDP (%) 30.57 Jun 2024 quarterly Dec 1998 - Jun 2024
Money Supply: M3 (TRY th) 16,968,202,420.000 Jul 2024 monthly Dec 2005 - Jul 2024
Consumer Loans: BS: Non Performing (TRY mn) 42,491.202 Jul 2024 monthly Dec 2002 - Jul 2024
Consumer Loans: BS: Loan: Housing (TRY mn) 450,577.938 Jul 2024 monthly Dec 2002 - Jul 2024
Consumer Loans: Banking Sector (BS): Loan (TRY mn) 1,760,278.365 Jul 2024 monthly Dec 2002 - Jul 2024
Asset Quality: Banking Sector: NPL to Total Loan (%) 1.681 Jul 2024 monthly Jan 2003 - Jul 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -5.9 Sep 2024 monthly Jan 2008 - Sep 2024
Composite Leading Indicator Index: Trend Restored (NA) 394.200 Aug 2024 monthly Dec 1987 - Aug 2024
Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) 99.200 Sep 2024 monthly Jan 2007 - Sep 2024
Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) 87.803 Sep 2024 monthly Jan 2011 - Sep 2024
Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) 110.600 Sep 2024 monthly Jan 2011 - Sep 2024
Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) 112.563 Sep 2024 monthly Jan 2011 - Sep 2024

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