We became the world champion in housing price increase

1. We became the world champion in housing price increase! High inflation and the depreciation of the lira brought Turkey to the top in housing price increase. Respectively, Ankara, Izmir and Istanbul were the cities where housing prices increased the most in the world UK-based global real estate consultancy Knight Frank has published the results of the global home prices index 2020 for the fourth quarter. According to the report covering 150 cities in the world, Turkey's three largest cities left their mark on the list. Considering the price increase in the last year, the place where houses gained the most value in the world was Ankara, the capital of Turkey with 30 percent. Izmir ranked second with 29.4 percent and Istanbul third with 27.9 percent. In the report, it was pointed out that high inflation and the depreciation of the lira were behind the housing price increases in Turkey. House prices globally rose an average of 5.6 percent in 2020, according to a Knight Frank report. The city where prices fell the most was Chennai, the fourth largest metropolitan city in India. Dubai was followed by a decline of 7.1 percent and Pune with 5.3 percent. STATUS IN WORLD METROPOLES Looking at housing prices in the United States, 11.4 percent in Boston, 10.3 percent in Washington, 9.9 percent in Los Angeles, 9.8 percent in New York, 9.2 percent in Miami a nd 8.7 percent in San Francisco. seen. In European capitals, there was an increase of 7.7 percent in Paris, 4.5 percent in Berlin, 4.3 percent in London, while Lisbon decreased 0.9 percent and Madrid 3.7 percent. While housing prices in Moscow rose by 21 percent, St. In St. Petersburg, this rate was 25.4 percent. In the Asian real estate market, it stood out in Seoul with a 22.3 percent housing price increase. Seoul, a city of approximately 9.9 million people, is trying to position itself as an alternative to Asia's financial centers. Since President Moon Jae-in took office in 2017, the city is facing a growing economic crisis. House prices in Seoul have increased by 50 percent since 2017, despite the government announcing nearly two dozen measures to reduce the increases in the past three years. Record increase in housing prices: Muğla and Antalya rank first Housing prices broke the data history record with an annual increase of 30.4 percent in January. The price increase exceeded 42 percent in the regions where Muğla and Antalya, the favorite regions of the pandemic. He increase in housing prices across Turkey broke the data history record with an annual 30.4 percent in January 2021.

2. According to the data announced by the Central Bank since January 2010, the housing price index increased by 1.8 percent in January 2021 compared to the previous month and 30.4 percent compared to the same month of the previous year. The annual real increase (increase adjusted for inflation) was 13.5 percent. PRICE INCREASED DESPITE THE INCREASE IN INTEREST Despite the decline in housing sales due to the increase in interest rates, it was noteworthy that the rapid increase in housing prices continued. The number of houses sold in January decreased by 37.9 percent compared to the same period of the previous year and became 70 thousand 587. Mortgage sales, on the other hand, decreased by 74.6 percent compared to the same month of the previous year and amounted to 10 thousand 732. Housing loan interest rates, which declined to an average of 9 percent in June 2020, are now at 17.75 percent. THE MOST INCREASE IN IZMIR AMONG THREE BIG PROVINCES The annual rate of increase was 30.2 percent in new homes and 30.3 percent in non-new homes throughout Turkey. Annual price increase rates in housing; It was 27.7 percent in Istanbul, 29.3 percent in Ankara, and 32.2 percent in Izmir Regions where housing prices increased the most on an annual basis; Aydın was the region covering Denizli and Muğla, and regions covering Antalya, Burdur and Isparta. The increase rates in these regions were 42.3 percent and 42.8 percent, respectively. The least increase occurred in the region covering Erzurum, Erzincan and Bayburt with a rate of 21.9 percent. The prices, which increased by 1.5 percent in Istanbul and 1.1 percent in Ankara on a monthly basis in January, drew attention with an increase of 4 percent in Izmir. ANTALYA AND M UGLA AT THE SUMMIT Antalya and Mugla, which are located in the regions with the highest price increases, were the leading provinces where citizens turned to buy housing during the corona virus epidemic. While many citizens went to their summer houses in these provinces during the quarantine period, many citizens also opted to buy or rent summer houses in this region. Decision from France and England

3. France made it mandatory to apply quarantine to those coming from Turkey due to the corona virus epidemic. Britain also announced that Turkey and the Maldives were included in the red list of "high risk" countries by restricting international travel within the scope of the corona virus epidemic. According to the statement made by the Prime Ministry of France, a 10-day quarantine application will be introduced for passengers from Turkey, Bangladesh, Sri Lanka, Pakistan, Nepal, United Arab Emirates and Qatar with a decision to be published this morning. It was also stated that passengers coming from these countries at the weekend could be given convenience and favor temporarily. It was learned that the passengers will need to declare their quarantine addresses in France to the aviation company where they will fly during the implementation of the decision. It has been reported that citizens who will be in quarantine will have permission to go out between 10 and 12 o'clock every day, and at other times they will pay between 1,000 and 1,500 euros if they do not comply with the prohibitions. Thus, Turkey, Bangladesh, Sri Lanka, Pakistan, Nepal and the United Arab Emirates (UAE) were added to the list of 5 countries before. A TURKISH DECISION IS FROM THE UK The UK government, which imposes restrictions on international travel due to the Corona virus (Covid-19) epidemic, removed Turkey from the medium-risk group on the travel list today, and redlisted it as the highest risk group. It was announced that the Maldives, as well as Turkey, were also on the red list. British Transport Minister Grant Shapps stated that the countries on the red list are “countries that should not be visited except in the most extreme cases”. THE GREEN LIST IS ANNOUNCED Shapps also announced the "green list" set by the government for international travels. People coming from countries included in the green list do not have to apply home or hotel quarantine. Passengers are expected to be tested for Covid-19 within 2 days after their arrival in the UK and if their tests are positive, they are expected to isolate themselves. Currently, the green list includes Australia, Brunei, Falkland Islands, Faroe Island, Gibraltar, Iceland, Israel, New Zealand, Portugal, Singapore, South Georgia Island and St Helena Island. 43 COUNTRIES IN THE RED LIST There are a total of 43 countries, including Turkey, on the "red list" that the UK government has described as "high risk". Among the countries on the list are also countries such as Brazil and India where corona virus mutations are seen. The rest of the list includes African and South American countries. The quarantine process is determined according to the risk of infection in the countries so that international travel can be carried out again as of May 17, which is the next target for the relaxation of restrictions in the UK According to the "red list" rules set by the government, passengers from these countries to the UK must enter the mandatory hotel quarantine for 10 days. In the hotels or facilities determined by the government, people had to cover their own expenses for 10 days, while the hotel fee was announced as 1,700 pounds for one person.

4. It was previously announced that a fine of up to £ 10 thousand will be imposed for those who do not apply the stipulated hotel quarantine, and those who misrepresent their travel history on their passenger forms will be imprisoned for up to 10 years.