Turkey is the leader in the growth of real estate prices for the second quarter of 2023. The cost of housing in the country adjusted for inflation rose by 41.70%. Such data was released by the portal Global Property Guide, having analyzed the growth of prices in 62 popular countries around the world.
The study found that adjusted for inflation, housing prices rose only in 20 countries. In second place was North Macedonia with an increase of 18.32%. In third place is Dubai in the UAE, where house prices rose by 14.56%. Next come Puerto Rico (+12.88%) and Georgia (+12.46%). In Spain, real estate rose in price by 5.63%, in Thailand – by 3.1%.
In many European countries, real estate, on the contrary, fell in price. Among the outsiders were: Sweden (-20.17%), Latvia (-15.15%), Germany (-14.48%) and France (-4.42%).
