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FinancialNews


  • 17-03-20

    Residential property sales in Turkey continue its upward trend

    (MENAFN) As said by Turkey's statistical authority, in comparison with February 2019, residential property sales in Turkey maintain its growing by increasing 51.4 percent in February this year.


    About 118,750 houses changed hands in February, which is an increase from almost 96,000 in February 2019, according to a statement by the Turkish Statistical Institute (TurkStat).


    When property sales were around 113,600 in January, February figure was also up from earlier month; housing sales to foreigners has also increased in the same period, climbing 20.6 percent to about 4,000 units.


    Istanbul is a known city for foreign buyers, making up almost half of sales to foreign buyers.

    MENAFN1703202000450000ID1099866228

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