The first quarter of figures in housing market show us that approximately 700 thousand houses would be able to sell in this year.But it is expected to complete 900 thousand houses in Turkey this year.So there may be overhead supply in Turkey.

Demand and supply gap continues in the housing market in Turkey


The first quarter of figures in housing market show us that approximately 700 thousand houses would be able to sell in this year.But it is expected to  complete 900 thousand houses in Turkey this year.So there may be overhead supply in Turkey.

House sales in March has realized the highest second sale figure  up to now.In March 116 thousand houses were sold in Turkey.Last year at the same month this figure had realized as 88 thousand.Last year in December, the highest sale had realized in Turkey with 135 thousand.

Second hand sales are more rapid

According to the TUİK(Turkish Statistical Institute) research, second hand house sales in Turkey became 64,543 by increasing 41.4% compared to the same month of the previous year. In the second hand sales, İstanbul was the first province again with 12_103 sales and 18.8% share. Share of the second hand sales was 55.2% in İstanbul in total house sales.

Source:http://emlakkulisi.com/konut-piyasasinda-arz-talep-dengesizligi-suruyor/368037

Nurullah KIRMACI / emlakcoulisse.com