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Turkey’s home sales plunge 10.9% in April

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/05/2016 (14:20)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s home sales plunged 10.9% to 106,348 units in April compared with the same month of 2015.

Istanbul had the highest share of home sales at 18.4% with 19,537 units, followed by Ankara (11.1%) and Izmir (6.2%). The smallest number of home sales, meanwhile, was recorded in Ardahan with 7 units, followed by 13 units in Hakkari and 18 units in Şırnak.

New home sales held a 44.1% share of Turkey’s total house sales in April with 46,908 units, down 10.8% from the same period of 2015. Istanbul recorded the highest number of new home sales with 8,922 units, followed by 4,625 new sales in Ankara and 2,558 in Izmir.
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