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Turkey’s home sales increased 6.4% in May

by ChemOrbis Editorial Team -
  • 24/06/2016 (15:09)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s home sales rose 6.4% to 114,800 units in May compared with the same month of 2015.

Istanbul had the highest share of home sales at 18.8% with 21,638 units, followed by Ankara (9.9%) and Izmir (5.8%). The smallest number of home sales, meanwhile, was recorded in Hakkari with 5 units, followed by 13 units in Ardahan and 33 units in Şırnak.

New home sales held a 48.8% share of Turkey’s total house sales in May with 56,043 units, up 14.4% from the same period of 2015. Istanbul recorded the highest number of new home sales with 11,221 units, followed by 4,395 new sales in Van and 4,343 in Ankara.
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