GIGDEKS

GIGDEKS is a unique dataset that reveals the average unit price of real estate sales to international investors in our country. Approximately 25% of real estate sales to international investors in Turkey are conducted by GİGDER members. Members are asked about the number of sales and the average USD price of sales. This study also includes member expectations that allow us to predict whether sales will increase in the next three-month period. GIGDEKS is released periodically every three months in the first week of January, April, July, and October.

 

Additionally, to gauge the pulse of the industry and reflect the perspectives of GİGDER members on current issues, questions related to current topics are included in the research. GIGDEKS was first conducted with data from the months of April, May, and June of the year 2021.

 

Real Estate Service Exporters Association (GIGDER), in collaboration with the brand and market research company AGS Global, has shared the 13th edition of the GIGDEKS, the home sales index for international investors, prepared on a quarterly basis, with the public.

 

GİGDEKS 14 Average Sale Price

According to GİGDEKS 14 data, the average property sale price to international investors increased from $273,233 in Q2 2024 to the range of $277,865.

 

GİGDEKS 14 Base Index

GİGDEKS reached 172.1 in Q3 2024, up from 169.2 in the previous quarter.

 

GİGDEKS 14 Sales Expectations

According to the GİGDEKS 14 survey, about half of GİGDER members do not expect any upward or downward change in property sales to international investors over the next three months. The percentage of pessimists and optimists regarding sales expectations was measured equally at 27.6%.

 

GIGDEKS 8: GIGDEKS Reaches Historical Peak with 184 Points

According to GIGDEKS 8 data covering the first quarter of 2023, the average housing sales price to foreigners reached its all-time high at $297,174, while the base score also hit a historical peak at 184 points.

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GIGDEKS 7: Set a New Record

According to GIGDEKS 7 data covering the fourth quarter of 2022, the average housing sales price to foreigners reached $261,613, reaching its highest level to date.

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GIGDEKS 6: Solidified with a New Record

According to GIGDEKS 6 data, the index reached its highest level since its inception, reaching 152.2 points.

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GIGDEKS 5: The Highest Price Was Achieved in the 2nd Quarter.

According to GIGDEKS 5 data, the unit sales price, which was $187,175 in the previous quarter, surpassed the $200,000 threshold for the first time and reached $217,642.

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GIGDEKS 4: According to the data influenced by the Russia-Ukraine conflict, the housing sales price reached $187,185.

GIGDEKS has released its fourth-quarter data. According to the data marked by the Russia-Ukraine conflict at the end of February, the average foreign housing sales price remained flat compared to the previous quarter, reachin

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GIGDEKS 3: The unit housing sales price to foreigners, which was $196,037, decreased to $187,091 in the last quarter of 2021.

According to the GİGDEKS 3 data covering the October-November-December period of 2021, the number of foreign housing sales increased, while the unit price declined.

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