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Turkey’s new home sales post fresh increases in May

by ChemOrbis Editorial Team -
  • 23/06/2015 (11:34)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s new home sales posted further increases in May. New home sales rose 18.2% on the year to 49,001 units in May compared with the same period of the previous year. New home sales held a 45.4% share of Turkey’s May total housing sales. Istanbul ranked first with sales of 10,246 units.

Turkey’s total home sales also increased 19.4% on the year to reach 107,888 units in May. Istanbul had the largest number of home sales with 21,576 units, followed by Ankara with 12,816 units and Izmir with 6,221 units while Hakkari posted the lowest sales with 6 units.
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