REIDIN.com Real Estate Indices: April 2012 Results

posted @ 12:00am, Thursday 17 May 2012.

May, 2012

- The residential sales prices for existing homes increased 0.86% in Turkey overall, 0.30% in Adana, 0.96% in Ankara, 0.12% in Antalya, 0.44% in Bursa, 0.96% in Istanbul, 0.84% in Izmir and 0.89% in Kocaeli during April 2012.


- The residential rent prices for existing homes increased 1.02% in Turkey overall, 0.60% in Adana, 0.67% in Ankara, 0.46% in Antalya, 0.22% in Bursa, 1.18% in Istanbul, 1.12% in Izmir and 0.67% in Kocaeli during April 2012.




REIDIN.com-GYODER New Home Price Index: March 2012 Results
- According to the results of REIDIN.com-GYODER New Home Price Index with the support of Garanti, in April 2012 there is 0.84% increase with respect to the previous month and in compliance with April 2011 there is 11.93% increase.

- According to April 2012 results of REIDIN.com-GYODER New Home Price Index, “Trademarked Projects” in Istanbul European side shows 0.96% increase and 0.76% increase in Asian side.

- According to April 2012 results, REIDIN.com-GYODER New Home Price Index shows the increase of 0.75% in 1+1 flat type; increase of 0.97% in 2+1 flat type; increase of 0.85% in 3+1 flat type and increase of 0.88% in 4+1 flat type with respect to the previous month.

- According to April 2012 results, REIDIN.com-GYODER New Home Price Index reveals that there is 0.85% increase in 51-75sqm size; 0.78% increase in 76-100sqm; 0.99% increase in 101-125sqm size; 0.68% increase in 126-150sqm and 0.61% increase in 151sqm and bigger sized properties with respect to the previous month.

% Change in REIDIN.com-GYODER New Home Price Index
According to the results of REIDIN.com-GYODER New Home Price Index with the support of Garanti, in April 2012 there is 0.84% increase with respect to the previous month and in compliance with April 2011 there is 11.93% increase.


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Dubai/Abu Dhabi Residential Property Price Indices: April 2012 Results

posted @ 12:00am, Wednesday 16 May 2012.

May, 2012

Dubai Residential Property Price Indices: Sales Price Indices

- Residential property prices in Dubai housing market performed well in April 2012. The Dubai Residential Property Sales Index for all residential increased by 2.6 points, from 174.2 to 176.8, which represents an increase of 1.53% mom. On the other hand, prices increased 11.46% yoy.

- Apartment sales prices with the size “50sqm and less”, decreased by a nominal 1.82%; for “51sqm-100sqm”, decreased by a nominal 0.72%; for “101sqm-150sqm”, increased by 1.88%; for “151sqm and more” and decreased by a nominal 1.63% in April 2012.

- Apartment sales prices registered a decrease in April 2012. Prices decreased 0.51%  mom but increased 0.65% yoy. Villa sales prices show relatively high nominal growth on a mom basis. Prices increased 2.07%  mom and 19.58% yoy.

Dubai Residential Property Price Indices: Sales Price Indices (Jan.2003=100)


Dubai Residential Property Price Indices: Rent Price Indices
- Residential property prices in Dubai rental market increased by 0.04 points, from 74.29 to 74.33, which represents an increase of 0.06% mom. On the other hand, rent prices increase 10.17% yoy.

- Apartment rental prices with the size “50sqm and less”, decreased by a nominal 0.62%; for “51sqm-100sqm”, decreased by a nominal 0.48%; for “101sqm-150sqm”, increased by 2.04%; for “151sqm and more”, apartment sales prices decreased by a nominal 0.72% in April 2012.

- Apartment rental prices show an increase on a mom basis. Prices increased 0.05% mom and 8.18% yoy. Villa rental prices registered an increase in April 2012. Prices increased 0.06% mom and 10.86% yoy.

Dubai Residential Property Price Indices: Rent Price Indices (Jan.2009=100)




Abu Dhabi Residential Property Price Indices: Sales Price Indices
- The Abu Dhabi Residential Property Price Index for all residential decreased by 0.43 points, from 66.50 to 66.07, which represents a decrease of 0.65% mom. On the other hand, prices decreased 5.82% yoy.

- Apartment sales prices with the size “50sqm and less”, decreased by a nominal 1.76%; for “51sqm-100sqm”, decreased by a nominal 1.63%; for “101sqm-150sqm”, decreased by 1.67%; for “151sqm and more”, apartment sales prices decreased by a nominal 1.47% in April 2012.

- Apartment sales prices decreased 1.38% in April 2012 compared to March 2012 and decreased 10.35% compared to April 2011. Villa sales prices registered an increase in April 2012. Prices increased 0.16%  mom but decreased 0.61% yoy.

Abu Dhabi Residential Property Price Indices: Sales Price Indices (Jan.2009=100)



Abu Dhabi Residential Property Price Indices: Rent Price Indices
- Residential property prices in Abu Dhabi rental market decreased by 0.58 points, from 62.63 to 62.05, which represents a decrease of 0.91% mom. On the other hand, prices decreased  9.38% yoy.

- Apartment rental prices with the size “50sqm and less”, increased by a nominal 1.16%; for “51sqm-100sqm”, increased by a nominal 1.44%; for “101sqm-150sqm”, decreased by 2.04%; for “151sqm and more”, apartment sales prices decreased by a nominal 1.95% in April 2012.

- Apartment rental prices decreased 1.03% in April 2012 compared to March 2012 and decreased 5.07% compared to April 2011. Villa rental prices registered a decrease in April 2012. Prices decreased 0.51%  mom and 12.48% yoy.

YoY Change in Abu Dhabi RPPIs: Rent Price Indices


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"Challenging" outlook for Abu Dhabi property

posted @ 12:00am, Thursday 3 May 2012.

The Abu Dhabi real estate market has experienced a decline in sales and falling rents over the past few months.

Cluttons stated the outlook for the emirate's residential property sector will continue to be "challenging" in 2012, but stressed an improvement is on the horizon.

The REIDIN residential property price indices for Abu Dhabi in March revealed the value of homes declined by 1.02 per cent month-on-month, while rents slipped by 0.36 per cent.

According to Cluttons, rents for apartments have fallen by between six and ten per cent and this downward trend is likely to continue, as more stock is due to come on to the market this year.

However, the firm pointed out there is strong demand for homes in Abu Dhabi, while the government announcement that several "landmark projects" are to be resumed is a further positive step.

Optimism in the sector has also been boosted by the significant profits posted for 2011 by several major developers - including Sorouh and Aldar - in the emirate.

Source: www.Propertyshowrooms.com