Istanbul is the first in the world to increase the investment value of its real estate || Imtilak Real Estate

According to a statistical study conducted by the British real estate agency, Nike Frank, which examined the increase in house prices during the second quarter of this year in 150 cities around the world.

Istanbul state ranked first among these cities with an annual increase of 184.9% in the second quarter of this year 2022.

Turkiye topped the list with three of its cities

In the details of the data resulting from the aforementioned study, three Turkish cities topped the list of cities with the highest increase in their house prices globally. The Turkish capital, Ankara, came in second place after Istanbul, with an annual increase of 165.4%, followed by Izmir in third place, with an annual increase of 150.9% during the mentioned period.

12 cities witnessed a drop in their home prices

The figures contained in the mentioned study revealed a decrease in house prices in 12 of the cities included in the study, while the first ten ranks among the cities covered by the study were as follows:

Rank	City	Country	Annual increase in house prices in the second quarter of 2022
1	Istanbul	Turkiye	184.9%
2	Ankara	Turkiye	165.4%
3	Izmir	Turkiye	150.9%
4	Miami	USA	34%
5	Halifax	Canada	30.9%
6	Dallas	USA	30.8%
7	Phoenix	USA	29.7%
8	Tallinn	Estonia	29.5%
9	Atlanta	USA	26.3%
10	Adelaide	Australia	25.6%