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Turkey’s home sales down for 5th straight month in March

by ChemOrbis Editorial Team - content@chemorbis.com
  • 17/04/2019 (13:31)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s home sales decreased by 5.3% in March compared to the same month of the previous year and became 105,046.

The latest data marked the fifth consecutive month that house sales decreased in Turkey.

Istanbul had the highest share of home sales with 18.2% and 19,140 sold houses, followed by Ankara (10.1%) with 10,619 house sales and Izmir (6.1%) with 6,366 house sales.

In March, new home sales decreased by 12.9% compared to the same month of the previous year and became 44,163. First house sales had a 42% share of all house sales and Istanbul recorded the highest number of new home sales with 8,453 units, followed by 3,553 new sales in Ankara and 2,884 units in Izmir.
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