REIDIN REAL ESTATE INDICES APRIL 2017 RESULTS MAY 15, 2017
SUPPORTED BY İŞBANK REIDIN-GYODER NEW HOME PRICE INDICES APRIL 2017 RESULTS ISSUE 77
INDEX SUMMARY İŞBANK s Retail Loans Manager Mr. Recep Haki: By the end of of March 2017, Isbank raised its mortgage loan volume to 18.8 billion with an increase of 6,08%, compared to the year-end and with it s %11,7 market share ISBANK continues to be one of the major players in the sector. Some regulations and arrangements done in recent times, such as increasing loan-to-value ratio and reducing the legal rates of VAT and title deed fees has strengthened expectations for the future. In the first months of 2017, housing sales, which have been off the charts for the last 3 years, prove that this year s sales are going to be at least as good as last year. The mobility brought to the sector through these, positively reflected to the banking sector as an increase in loan volumes. Our campaign with Emlak Konut GYO A.Ş. and GYODER offered low interest rates along with maturity up to 240 months contiuned until March and positively effected our first quarter datas. ISBANK, having a trust on the future of housing sector, continues its investments in this sector by presenting an end to end digital experience from application to lending process for all users regardless of being the bank s customer or not. This innovation is presented to all users experience in the official web site of ISBANK, could be reached by clicking Anında İşlem > Ev Kredisi links.
INDEX SUMMARY According to the results of According to the results of According to the results of According to the results of REIDIN-GYODER New Home REIDIN-GYODER New Home REIDIN-GYODER New Home REIDIN-GYODER New Home Price Index in March 2017 there is 0.46% increase with respect to the previous month and in compliance with April 2016 there is 2.71% increase. Price Index in April 2017 "Branded Projects in Istanbul Asian side shows 0.50% increase and 0.23% increase in European side. Price Index in April 2017 there is an increase of 0.40% in 1+1 flat type; increase of 0.51% in 2+1 flat type; increase of 0.57% in 3+1 flat type and increase of 0.33% in 4+1 flat Price Index in April 2017 there is 0.35% increase in 51-75sqm size; 0.65% increase in 76-100sqm; 0.34% increase in 101-125sqm size; 0.52% increase in 126-150sqm but type with respect to the 0.27% increase in 151sqm and previous month. bigger sized properties with respect to the previous month.
REIDIN-GYODER NEW HOME PRICE INDEX Index Value: April 2017 % Change in Past Year 174.5 %0.46 %2.71 %74.50 % Change in Month % Change in Base Period (January 2010 = 100) New Home Price Index 200 150 100 100.8 107.3 120.1 129.7 147.6 158.0 169.9 174.5 50 0 Apr-10 Apr-11 Apr-12 Apr-13 Apr-14 Apr-15 Apr-16 Apr-17 According to the results of REIDIN-GYODER New Home Price Index in March 2017 there is 0.46% increase with respect to the previous month and in compliance with April 2016 there is 2.71% increase.
REIDIN-GYODER NEW HOME PRICE INDEX ISTANBUL ASIAN-EUROPEAN SIDE PROJECTS According to the results of REIDIN-GYODER New Home Price Index in April 2017 "Branded Projects in Istanbul Asian side shows 0.50% increase and 0.23% increase in European side. 0.23% 0.50% 10.4 point (January 2010 = 100) Europen Asia 172.0 182.4 171.5 171.6 181.0 181.5 0
REIDIN-GYODER NEW HOME PRICE INDEX TYPE OF HOUSES: NUMBER OF ROOMS According to the results of REIDIN- GYODER New Home Price Index (NHI) in April 2017 there is an increase of 0.40% in 1+1 flat type; increase of 0.51% in 2+1 flat type; increase of 0.57% in 3+1 flat type and increase of 0.33% in 4+1 flat type with respect to the previous month. % 0.40 % 0.51 % 0.57 % 0.33 (January 2010 = 100) 1+1 2+1 3+1 4+1 NHI 175.5 175.3 178.2 177.7 151.1 174.5 177.3 176.7 150.6 173.7 174.6 176.6 175.8 150.1 173.3 0
REIDIN-GYODER NEW HOME PRICE INDEX TYPE OF HOUSES: SIZE RANGE According to the results of REIDIN-GYODER New % 0.27 Home Price Index in April 2017 there is 0.35% % 0.34 increase in 51-75sqm size; 0.65% increase in 76-100sqm; 0.34% increase in 101-125sqm size; 0.52% increase in 126-150sqm and 0.27% increase in 151sqm and bigger sized properties with respect to % 0.35 % 0.65 % 0.52 the previous month. (January 2010 = 100) 51-57 m2 76-100 m2 101-125 m2 126-150 m2 151+ m2 179.2 178.6 175.5 174.6 170.7 169.8 170.4 168.2 168.8 169.9 177.8 173.8 148.8 149.2 149.6 0
REIDIN-GYODER NEW HOME PRICE INDEX % CHANGE IN NEW HOUSING STOCK Unit SQM 6.5% 6.0% 5.7% 5.4% 3.8% 3.4% 0 Last month's data are provisional.
REIDIN-GYODER NEW HOME PRICE INDEX What Is? Methodology Coverage The monthly REIDIN-GYODER New Home Price Index, supported by İŞBANK, is developed from the properties of corporate real estate investment firms generally known as Branded Projects", and recently has been produced in many countries like USA, Australia, Canada. This monthly Index uses a stratified median index approach for index calculation an approach that is widely used for indexing housing prices. Taken January 2010 (January 2010=100) as the base period, is calculated with the formula of Laspeyres. REIDIN-GYODER New Home Price Index is calculated on 70 projects and with a monthly average number of 22.500 properties presented by 32 developers.
REIDIN-GYODER NEW HOME PRICE INDEX PARTICIPANT DEVELOPERS
REIDIN TURKEY REAL ESTATE INDICATORS Indices Supported by İŞBANK REIDIN - Residential Property Price Index (Sales and Rent) REIDIN - GYODER New Home Price Index REIDIN - Housing Affordability Index REIDIN - Rental Affordability Index REIDIN - Gross Rental Yield Index REIDIN Turkey Real Estate Confidence Index and Price Sentiment Index Modules REIDIN - Property Valuation Analysis Module REIDIN - Loan-to-Value Calculation Module REIDIN - Price-Rent Ratio Calculation Module
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