Economist warns property market about to turn

PSIS chief executive Dr Girol Karacaoglu said all indications pointed to a property market which had reached its peak across the country.

He warned about buying a property now for investment or over-capitalising on home mortgages.

Dr Karacaoglu looked to three key indicators to predict the turn. The number of days or weeks a property was on the market had risen; prices ha...