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Turkey’s new home sales move south in January

by ChemOrbis Editorial Team -
  • 23/02/2015 (15:21)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s new home sales decreased on the year in January. New home sales declined 5.4% year over year to 37,971 units in January. New home sales held a 44.1% share of total house sales in Turkey.

Total home sales also decreased 1.7% year over year to reach 86,167 units in January. Istanbul had the largest number of home sales with 16,587 units, followed by Ankara with 9,570 units and Izmir with 5,483 units.
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