Istanbul excels economically

Istanbul surpasses 150 cities around the world by increasing the investment value of its real estate

According to a statistical study conducted by the British real estate agency "Knight Frank", in which it dealt with the increase in house prices during the second quarter of this year in 150 cities around the world.

The state of Istanbul ranked first among these cities, with an annual increase of 184.9% in the second quarter of this year 2022.

Türkiye topped the list with three of its cities

In the details of the data resulting from the aforementioned study, three Turkish cities topped the list of cities with the highest increase in house prices globally, as the Turkish capital, Ankara, ranked second afterIstanbul With an annual increase of 165.4%, followed by the state of Izmir in third place, with an annual increase of 150.9% during the aforementioned period.

12 cities saw their house prices drop

The figures contained in the aforementioned study revealed a decrease in house prices in 12 of the cities included in the study, while the first ten ranks among the cities covered by the study were as follows:

1. Istanbul

2. Ankara

3. Izmir

4. Miami

5. Halifax

6. dallas

7. Phoenix

8. Tallinn

9. Atlanta

10. Adelaide