REIDIN Turkey Real Estate Confidence Index Results
REIDIN Real Estate Confidence Index for 2022 Q2 has been measured as 101.6 (Nearly Neutral) more than 9.4% of last quarter.
REIDIN Turkey Real Estate Price Sentiment Index Results
REIDIN Real Estate Price Sentiment Index for 2022 Q2 has been measured as 181.7 (Highly Positive) more than 49.7% of last quarter.
Methodology
REIDIN Turkey Real Estate Confidence Index is calculated using the “Balance Method” and is evaluated within the range of 0-200.
In this method, numerical difference of percentage distribution of positive and negative answers (according to the result of the survey) is being calculated. 100 point is being added to the difference, and for each subsection an index value (with the range of 0-200) is calculated.
It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.
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