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Turkey has no official house price index. The closest is the delightfully-named index of "Consumers' likeliness to buy or build a house during the next 12 months". It plunged 50 per cent, by the way, in the second half of last year but has yet to be updated.

For many countries it isn't hard to find figures purporting to be a house price index, but which turn out on closer inspection to be propaganda dreamed up by an estate agent.

This is also a quote from the Telegraph! Are you sure the article was not an advertisement Shirley?

29th July 2008, 18:13	#5
ONLYME2 Non Active Member	Re: expat mag recommends turkish property Turkey has no official house price index. The closest is the delightfully-named index of "Consumers' likeliness to buy or build a house during the next 12 months". It plunged 50 per cent, by the way, in the second half of last year but has yet to be updated. For many countries it isn't hard to find figures purporting to be a house price index, but which turn out on closer inspection to be propaganda dreamed up by an estate agent. This is also a quote from the Telegraph! Are you sure the article was not an advertisement Shirley?