Housing
Home sales increase after months of decline
Türkiye's housing market bounced back in February as home sales showed an annual increase after months of decline, data from the Turkish Statistical Institute (TÜİK) have shown.
In February, a total of 93,902 homes were sold across the country, pointing to a 17.3 percent increase from the same month of last year.
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Nearly 45% of trans-identifying people had “serious psychological distress” in last month, survey finds
Nearly a third had also been homeless
Home supply to increase to bring rents under control: Şimşek
Housing supply will be boosted in order to tame increases in rent prices and support the fight against inflation, Treasury and Finance Minister Mehmet Şimşek has said.
Athens prepares to deal with cold front, storm
As the Avgi storm brings a cold front and heavy rainfall throughout Attica, Athens authorities have been placed on high alert to deal with emergencies.
Specifically, homeless shelters throughout the capital are expecting increased traffic through to the 31st.
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City of Athens mobilized ahead of cold snap to help homeless
The Municipality of Athens was put on alert on Wednesday as a cold snap descended on the Greek capital, mobilizing the services responsible for the protection of more vulnerable citizens and the homeless.
Compassionate Initiative: Metropolitan Municipality's Holiday Aid for Homeless Individuals
Nadezhda Bacheva, Deputy Mayor of the Metropolitan Municipality overseeing "Social Activities and Integration of People with Disabilities," spearheads a heartfelt initiative aimed at providing sustenance and warmth for those living on the streets during the upcoming holiday season.
Pace of rent increase slows in Turkish cities, including Istanbul
New data suggest that the outlook in the housing market may be changing in favor of tenants and potential homebuyers as the pace of rise in rents and home prices slows down across Türkiye, including the country's three largest cities.
In some provinces, rents reversed course and started declining, even though the drop is rather limited.
Increase in home prices further slows
The slowdown in the year-on-year increase in the residential property price index (RPPI) continued in October, the latest numbers from the Central Bank showed.
Home prices rose by 86.5 percent across Türkiye, easing from September's 89.2 percent increase.
The RPPI increased monthly by 3.8 percent, while the year-on-year increase in real terms was 15.4 percent.
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Bulgaria: 85% of Population Reside in Owned Homes
In the latest Eurostat data disclosed on Thursday, it's been unveiled that a significant 85% of Bulgarians resided in households owning their homes in the year 2022, marking a slight increase from the preceding year's 84.9%. This statistic presents an intriguing aspect of the housing landscape in the country.
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Market Watch: Bulgaria's Real Estate Prices Make a Quiet Move
As the warm summer months gave way to autumn, Bulgaria's real estate market witnessed a subtle shift. According to the latest analysis by "Arco Real Estate," a mild decline in housing prices was observed during the third quarter of the year. The data reveals that prospective homebuyers are approaching the market with increased sensibility, opting for prudence over impulsive decisions.