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Volume of real estate property sales in Turkey down

Oil&Gas Materials 23 November 2017 13:18 (UTC +04:00)

Baku, Azerbaijan, Nov. 23

By Rufiz Hafizoglu – Trend:

In October 2017, 122,882 real estate properties were sold in Turkey, which is 5.7 percent less compared to the same period of 2016, according to a report of the Turkish Statistical Institute.

The report said that 20,906 properties were sold in Istanbul in October 2017, which accounts for 17 percent of total property sales.

The report said that 12,130 properties were sold in Ankara in October 2017, which accounts for 9.9 percent of total property sales.

In October 2017, 2,677 real estate properties were sold to foreigners in Turkey, which is 70.9 percent more than in October 2016.

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Follow the author on Twitter: @rhafizoglu

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