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Three Turkey’s cities top the world ranking of cities with highest growth rates of property prices

 

Worldwide funding firm Knight Frank (London) quarterly conducts a research of world actual property costs. Figuring out the cities with probably the most dynamic value development. The aim of the research is to measure the worldwide development charges of housing costs. In addition to suggest probably the most promising cities and nations to actual property traders.

 

In keeping with the research, the present rating of development charges (which included 150 cities) was topp by three Turkish cities directly. Izmir took the primary place (with an annual enhance in costs – 28.1 %), the second – Ankara (26.4 %), the third – Istanbul (20.2 %). The common annual nominal development in actual property costs in 150 cities remained on the degree of three.4 %. 19 % of cities recorded common annual value reductions, whereas 16 % of cities recorded double-digit development charges. So within the fourth place within the score is Manila (the Philippines, the annual value enhance – 18 %), within the fifth – St. Petersburg with 16.2 %.

 

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