January 2 (SeeNews) - House prices in Turkey rose the second-fastest of any country in the world in 2014, according to the 2014 Global House Price Index, recently published by real estate consultation firm Knight Frank, as reported in local media.
House prices in Turkey on average increased by 14% in 2014, the second highest behind Ireland, where prices increased by 15%, according to news agency CIHAN on Wednesday.
Dubai, the UK and Estonia occupied the other top five spots on the index. In 2013 Turkey was sixth on the index, behind Dubai, China, Hong Kong, Taiwan and Indonesia.