The residential sector, which has been the locomotive of the Turkish economy, broke records in July. According to the announcement, record breaking sales figures were realized in Turkey in the first 7 months of 2017.
Housing Sold Increased by % 18,7
The number of housing units sold in July increased by 18.7 percent compared to the previous month. The number of houses was 115 thousand 869 with an increase of 42.4 percent compared to the same month of the previous year. In January-July 2017 period, 770 thousand 232 houses were sold, increasing by 8.15 percent compared to the same period last year. The sales figure for the 7th month of this year rose to its highest level since 2013, while the share of mortgage sales climbed by 62.4 percent.
Foreign residential sales also increased significantly. Sales increased by 8.62 percent in 7 months compared to the previous year, but rose by 65 percent in July 2017 compared to the same month last year. In July, thousand 726, a total of 11 thousand 321 dwellings were sold abroad.
New Records On The Road
The sales decreasing due to the coup attempt on July 15 last year were restored by the recovery environment. Sector representatives point out that sales will increase further in the coming months with the mobilization push planned to be made after the festival in the housing sector and that this month's sales figures are news reports of new records.
In addition, Nazmi Durbakayım came from the information other than the explanations made. Nazmi Durbakayım's statement that the sale of housing in September could increase even further announced.