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 15 Average Sale Price

According to GIGDEKS 15 data, sales to international investors increased slightly from $277,865 in the previous quarter to $281,945 in the last quarter of 2024.

 

GİGDEKS 15 Base Index

GIGDEKS reached 174.6 in the last quarter of 2024, following the previous quarter's level of 172.1.

 

GİGDEKS 15 Sales Expectations

According to the GIGDEKS 15 survey, nearly one in two GİGDER members (48.2%) stated that they do not expect any upward or downward change in residential sales to international investors over the next three months. The percentage of those anticipating a decline in sales was 29.6%, while 22.2% expected an increase.

 

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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