In a significant move that highlights Turkey’s improving economic stability, Fitch Ratings has upgraded the country’s credit rating from B+ to BB-, with a stable outlook. This marks the second upgrade by Fitch in 2024, underscoring the positive strides Turkey is making in strengthening its external buffers and restoring confidence in its monetary policies. This […]
As Turkey strides into 2024, its real estate market is poised for a transformative journey, shaped by economic shifts, political developments, and technological innovations. In this forecast, we dissect the intricate tapestry of factors influencing the sector, offering a glimpse into potential challenges, emerging trends, and strategic opportunities. From the impact of government policies on housing to the role of PropTech in reshaping property transactions, this article aims to equip investors, developers, and homebuyers with the insights needed to navigate the dynamic landscape of Turkey’s real estate market in the coming year.