The latest figures from the REIDIN.com real estate index for Turkey has revealed that, overall, property prices in the country increased during August, compared to the previous month.
On average, home values in Turkey rose by 0.55 per cent, with Ankara, Izmir and Kocaeli exhibiting the greatest increases of 0.95 per cent, 0.93 per cent and 0.85 per cent respectively.
Bursa was the only region to record a monthly fall in property prices, although this was marginal at 0.02 per cent.
Year-on-year, Istanbul has the strongest performing real estate sector, with housing values in the city up by 7.42 per cent compared to August 2010.
Ankara and Adana have both also posted increases greater than six per cent on an annual basis.
At the other end of the scale, the only region to experience a decline in home values since August 2010 is Antalya, with prices dropping by 5.38 per cent.
Earlier this month, a report released by the Foreigner Affairs Unit at the Land Registry Directorate revealed that Antalya is the province of choice among overseas buyers.
According to the organisation, 31,000 properties are now owned by foreigners in the area, with approximately 111,200 real estate assets purchased by those from outside Turkey across the entire country. (Propertyshowrooms)
