REIDIN.com Turkey Real Estate Indices: April 2015 Results

posted @ 12:00am, Friday 15 May 2015.

May, 2015

REIDIN Turkey Residential Property Price Indices: April 2015 Results

The residential sales prices for existing homes increased 1.26% in TR-7 cities and increased 0.93% in TR-30 cities during April 2015.



The residential rental prices for existing homes increased 1.06% in TR-7 cities and increased 0.47% in TR-30 cities during April 2015.






REIDIN-GYODER New Home Price Index: April 2015 Results
According to the results of REIDIN-GYODER New Home Price Index, in April 2015 there is 1.02% increase with respect to the previous month and in compliance with April 2014 there is 7.05% increase.

According to April 2015 results of REIDIN-GYODER New Home Price Index, “Branded Projects” in Istanbul European side shows 1.74% increase and 0.85% increase in Asian side.

According to April 2015 results, REIDIN-GYODER New Home Price Index remains increase of 1.18% in 1+1 flat type; increase of 1.06% in 2+1 flat type; increase of 1.08% in 3+1 flat type and increase of 0.14% in 4+1 flat type with respect to the previous month.

According to April 2015 results, REIDIN-GYODER New Home Price Index reveals that there is 1.27% increase in 51-75sqm size; 1.05% increase in 76-100sqm; 1.11% increase in 101-125sqm size; 1.08% increase in 126-150sqm and 0.21% increase in 151sqm and bigger sized properties with respect to the previous month.


According to the results of REIDIN-GYODER New Home Price Index, in April 2015 there is 1.02% increase with respect to the previous month and in compliance with April 2014 there is 7.05% increase.


According to April 2015 results of REIDIN-GYODER New Home Price Index, “Branded Projects” in Istanbul European side shows 1.74% increase and 0.85% increase in Asian side.


To read/download the full report click here

Dubai: Sell in May and Go Away

posted @ 12:00am, Monday 11 May 2015.

The relationship between price change and transactional volume in the market helps defining the best time to buy and sell a property. The months with the highest transactional volume along with the greatest price actions would be the best month to sell a property, while the optimal time to buy would be in diametrically opposite conditions where liquidity and price action points would be at a nadir.


A price analysis over the last 8 years reveals that the largest percentage change has historically been from March to October. Whereas, November to March have been the months with the lowest average monthly rises. A further in-depth analysis reveals that December is the optimal time to buy, where as September is the best time to sell within the apartment segment. On the other hand, January is the best month to buy, whereas July is the best month to sell in terms of villas.

A transactional analysis over the same time reveals the market is the lowest during the months of January to March and August to October. On the other hand, the highest months of liquidity in the market are from March to July. This trend is common amongst apartments and villas alike.

A bivariate analysis of transactional activity and price action suggest that the best month to buy a property is in October through February, while the optimum time to sell is in May through July. A granular analysis of community wise data may indeed unveil further investor patterns; however, investor behavior patterns thus far mimic buy and sell patterns observed in capital markets, both domestically and internationally.  

Download the full report: http://content.reidin.com/PublicReports/when_to_buy.pdf

Dubai/Abu Dhabi Residential Property Price Indices: March 2015 Results

posted @ 12:00am, Thursday 30 April 2015.

April, 2015

Dubai Residential Property Price Indices: Sales Price Indices
The Dubai Residential Property Sales Price Index for all residential decreased by 4.1 points, from 285.5 to 281.4, which represents a decrease of 1.44% in March 2015. On the other hand, prices increased 1.5% y-o-y.

Apartment sales prices registered a decrease in March 2015. Prices decreased 1.74% m-o-m but increased 0.8% y-o-y.

Villa sales prices registered an increased in March 2015. Prices decreased 0.24% m-o-m but increased 4.5% y-o-y.



Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 0.3 points, from 104.1 to 103.8, which represents a decrease of 0.29% in March 2015. On the other hand, rental prices increased 5.4% y-o-y.

Apartment rental prices show a decrease on a m-o-m basis in March 2015. Prices decreased 0.20% m-o-m but increased 6.3% y-o-y.

Villa rental prices registered a decrease on a m-o-m basis in March 2015. Prices decreased 0.25% m-o-m but increased 1.0% y-o-y.




Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential decreased by 0.4 points, from 83.3 to 82.9, which represents a decrease of 0.48% in March 2015. On the other hand, prices increased 0.4% y-o-y.

Apartment sales prices registered a decrease in March 2015. Prices decreased 0.60% m-o-m and decreased 1.8% y-o-y.

Villa sales prices registered a decrease in March 2015. Prices decreased 0.47% m-o-m but increased 0.9% y-o-y.



Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market decreased by 0.5 points, from 66.3 to 65.8, which represents a decrease of 0.75% in March 2015. On the other hand, prices increased 2.0% y-o-y.

Apartment rental prices registered a decrease in March 2015. Prices decreased 0.45% m-o-m and decreased 2.6% y-o-y.

Villa rental prices registered a decrease in March 2015. Prices decreased 1.04% m-o-m but increased 4.7% y-o-y.





To read the full report click here