Development of the real estate sector in Turkey - December 2019

Development of the real estate sector in Turkey for 2019 and the month December – Sales of Turkish real estate in 2019 roughly on the level of the previous year

In the whole year 2019 a total of 1,348,729 properties were sold, 1.9% less than in the year 2018. Of these 332,508 were financed by mortgages (2018: 276,820). The sale of new constructions amounted to 511,682 properties. The resale of properties amounts to 837,407 units.

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