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Turkey’s home sales fall 15.8% in July

by ChemOrbis Editorial Team - content@chemorbis.com
  • 25/08/2016 (10:02)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s home sales decreased 15.8% to 81,343 units in July when compared with the same month of 2015.

Istanbul had the highest share of home sales at 14.6% with 11,903 units, followed by Ankara (9.8%) and Izmir (5.9%). The smallest number of home sales, meanwhile, was recorded in Ardahan with 3 units, followed by 5 units in Hakkari and 21 units in Şırnak.

New home sales held a 46.5% share of Turkey’s total house sales in June with 37,829 units, down 13.3% from the same period of 2015. Istanbul recorded the highest number of new home sales with 5,420 units followed by 3,072 in Ankara and 958 new sales in Izmir.
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