House prices may rise by 20 per cent

After the increase in exchange rates, real estate industry experts said that house prices could increase by 20 percent.

After the elections, the government released the exchange rates. The exchange rates are setting a new record every day. According to experts, this situation can fuel inflation by increasing costs.

It is estimated that a reflection of this increase will be to the housing sector.

A professional from Real Estate Consultants Association (TÜGEM) has said that the sector has been trying to fix the 23-24 lira levels in the dollar exchange rate for a long time.

IF 27-28 LIRA LEVEL SEEN PRICES WILL INCREASE BY 20 PERCENT

He said that if 27-28 lira levels were seen in the dollar exchange rate, prices in real estate would increase by 20 percent.