Index shows Turkish property prices stable as country receives credit ratings boost

Residential property prices in Turkey are stabilising and a credit rating upgrade is expected to increase interest in a country that has managed to avoid the worst excesses of the global economic downturn, it is claimed.

Officials real estate price figures are hard to come by but the regular monthly index from REIDIN.COM gives the best indication of what is happening. According to its latest report prices increased slightly in some areas and fell in others but overall the market is stable.