Strong but slower house price growth in Turkey

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Turkey´s property market continues to perform strongly, though price rises have been slowing since the beginning of 2016.

The country´s nationwide house price index rose by 13.98% (4.76% inflation-adjusted) during the year to July 2016, according to the Central Bank of the Republic of Turkey (CBRT), significantly slower growth in real terms than the 18.75% (11.18% inflation-adjusted) growth recorded during the same month last year.

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