Snapshot: Where the Macro Stands Now Inflation keeps easing. May CPI cooled to 35.41 % y/y, the lowest since late-2021 and well below April’s 37.86 % print reuters.com. Policy on pause—cut in sight. On 19 June the CBRT held its one-week repo at 46 %, but its statement hinted the door is open to cuts once the disinflation trend is “firmly established.” Markets and economists now put high...

In November 2024, the Turkish real estate market experienced a remarkable surge, with 153,014 houses sold, marking a 63.6% increase compared to the same month in 2023. This resurgence highlights a growing demand for housing across the country, despite economic challenges and global uncertainties. Key Highlights of November 2024 1. Sales Volume by ProvinceThe provinces with the highest sales...

Turkey has implemented significant updates to its Turkish Citizenship by Investment (CBI) program, introducing new regulations that enhance transparency, standardization, and compliance. These changes are particularly relevant for foreign nationals pursuing Turkish citizenship through real estate investment. Below is an in-depth overview of these updates: 1. New Documentation RequirementsCitizenship...

The Turkish real estate market continues to make waves as 165,138 houses were sold in October 2024, marking a 76.1% increase compared to the same month last year. With major cities like Istanbul, Ankara, and Izmir leading the charge, this surge highlights the growing demand for property across the country.Key Highlights of October 2024 SalesTop-performing provinces:Istanbul: 24,812 salesAnkara: 15,257...