Turkey's house price index saw an annual increase of 96% in February

In Istanbul, the country's largest city, nearly a fifth of Turkey's population of 85 million, the index grew by 106.3% year on year.
Turkey's consumer price inflation soared to a 20-year high of 61.1% in March, from 54% in February.
The annual increase in the RPPI which estimates quality-adjusted price changes of homes stood at 77.5% in January and 59.7% in December.
The February RPPI was up 26.9 percent in real terms on the year and rose 13.5% from a month earlier.
Average rents which began soaring nationwide in December, when the lira was record low, rose 19.7% year on year in March.

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