Consumer Made His Investment in Housing

Turkish Statistical Institute (TUIK) announced the January figures for the latest construction of the construction yard and the latest sales figures for 2017, which are very important for the economy. According to the figures announced in January 2017 in Turkey, overall 95 thousand 389 units sold in the previous year, compared to the same month of the previous month, increased by 12.8 percent was recorded.


According to the statement released by TURKSTAT and covering the general housing sales figures in Turkey, the number of residential sales sold in Istanbul in January 2017 amounted to 15 thousand 807, which was the first with a share of 16.6 percent. House sales in Ankara were 10,268 with a share of 11,2 percent, followed by Izmir with 5,65 housing units, with a 5.9 percent share. Another sales type that attracted attention in residential sales in January was “Mortgaged residential sales“, while in January 2017 a total of 35 thousand 993 mortgaged residential sales were realized. The increase in the mortgage housing surplus was 35.4 percent compared to the same month of the previous year.44 thousand 235 dwellings for the first time sold in January, compared to the previous year, an increase of 10.4 percent. Household sales made by foreigners decreased by 5.2% compared to the same month of the previous year and became 1 386 units. Hatice Kolçak, Chairman of the Consumer Affairs Association (TÜSODER) Real Estate Commission, which assesses TURKSTAT figures, noted the increase in mortgaged residential sales realized in January 2017 and explained that the consumer benefited from the resulting market.

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