Confidence increased in construction

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The expectations are increased because of the possible interest decrease in the housing credits which gave confidence to the construction sector.

According to the sectoral confidence index of the Turkish Statistical Institution related to April, the confidence in construction sector increased 0,1 percent.

While the service industry confidence index which is purged by the seasonal effects, was in March 93.50 and decreased in April to a 89.93 rate. According to the sectoral confidence index of the Turkish Statistical Institution related to April, increased the confidence 0.1 percent in April while the confidence decreased in every sector besides the construction sector. The construction sector confidence index which was this March 81,43 increased to 81.54 in April.
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The Board of Directors President of 216 Yapi Bulent Dundar: We became stronger for the new projects

“The 0.1 percent increase of the sectoral confidence will also accelerate the new projects.As a firm,we always protected our confidence for the sector. The good economic datas which are clarified recently, seem to orient the waiting housing demand for purchasing. Even if the available level of the index increased recorded orders of the construction sector confidence index decreases 1.5 percent,the confidence will increase the recorded orders for the next periods.

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The Joint Venture President of Almalar, Iskurt and Nergo Hikmet Alma: “The housing sales show an increase according to each previous month.Its joyful that the confidence increases of the construction sector to continue and accelerate the increase. Now is the term for the banks.The banks have to reduce the housing credits to support this good situation. The Central Bank made the expected thing and decreased the interests. This decrease is expected to reflect to the housing credit interests. We started to the feasibilities of the new projects because we always protect our confidence for the sector.”

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