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Turkey’s new home sales increase in October

by ChemOrbis Editorial Team -
  • 24/11/2014 (15:09)
Turkey’s new home sales increased year over year in October, according to data from the Turkish Statistical Institute (TUIK). The report showed that new sales climbed 25.8% on the year to reach 44,499 units in October. New home sales held a 46.5% share of total house sales in Turkey.

Total home sales, meanwhile, also grew by 25.3% on a yearly basis to 95,645 units. Istanbul had the largest number of home sales with 17,240 units while it was followed by Ankara (10,549) and Izmir (5,772 units). The next statement on this subject will be released on December 23, 2014.
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