"House prices in Turkey on the decline
Wednesday, December 26, 2007
Turkey's housing sector revived by declining interest rates as of 2005 seems stagnant nowadays. Primarily in Istanbul prices decreased 15 percent in some districts. Price of a house in Maltepe, for instance, was YTL 160.000 in 2006, but today buyers pay only YTL 135.000 for the same house."
More:House prices in Turkey on the decline - Turkish Daily News Dec 26, 2007