Sept. 24, 2016
According to Knight Frank, in the second quarter of 2016 the prices of residential properties were the fastest growing in Turkey (+13.9%). However, the pace of development of the Turkish market decreased - in the first quarter the cost per square meter in Turkey rose slightly higher - 19%.
In addition to Turkey the top ten of the world ranking includes the following European countries: Sweden (5th place, 8,9%), Malta (6th place, 8,8%), Austria (7th place, 8.1%), Iceland (8th, 8,1%), Germany (10th,7,9%). It is important to note that in Sweden the growth has also slowed - in the first quarter of 2016 prices increased by 13%.
UK with a result of 5.2% is on 24th place, Denmark and Belgium are located on the 31st and 32nd positions. The smallest positive growth in prices shown in Croatia (0.2%).
Of the 55 reviewed countries, 11 had a decline in the cost of housing. For example, apartments and houses in Italy fell by 1.2%, in Greece by 2.9%, in Cyprus – by 1.6%.
Based on the materials of iexpats.com