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Turkey is the World's First Country in the Rise of Real Estate Prices

Britain's Knight Frank, a real estate institution has recently published a study on the rate of global real estate prices increase...

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2017-11-16 Last update 2020-02-13

Turkey is the World's First Country in the Rise of Real Estate Prices

Britain's Knight Frank, a real estate institution has recently published a study on the rate of global real estate prices increase, and the published study showed that Turkey ranked first in the world in property prices rise.

According to the report, property prices in Turkey have continued to rise without any decline, making Turkey the world's leading and making the real estate sector a great opportunity for investors.

The countries with the highest rates of prices increase are Turkey, New Zealand, Canada, Chile, Sweden, and Malta. The rates of increase in prices in these countries and in other countries have reached the following rates:

Rate of prices increase in Turkey: 13.9 %

Rate of prices increase in New Zealand: 11.2 %

Rate of prices increase in Canada: 10 %

Rate of prices increase in Chile: 9.4 %

Rate of prices increase in Sweden: 8.9 %

Rate of prices increase in Malta: 8.8 %

As for prices per square meter, the list of the most expensive cities is listed as follows:

1. Monaco, the price per square meter 40 thousand euros.

2. New York, the price per square meter 40 thousand euros.

3 - Hong Kong, the price per square meter 35 thousand euros.

4. Tokyo, the price per square meter 30 thousand euros.

5 - London, the price per square meter 17 thousand euros.

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