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Turkey’s new home sales edge down in November

by ChemOrbis Editorial Team - content@chemorbis.com
  • 23/12/2014 (12:14)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s new home sales declined year over year in November. New home sales in Turkey decreased 0.3% on a yearly basis to 48,128 units in November. New home sales held a 46.4% share of total house sales in Turkey.

However, total home sales increased 1.1% year over year to reach 103,783 units in November when compared to the same month of 2013. Istanbul had the largest number of home sales with 19,566 units, followed by Ankara with 11,695 units and Izmir with 6,622 units.
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