Business · Economy · 2 hrs ago
New-home sales in Türkiye rose 3.9% in September
New-home sales in Türkiye rose 3.9% year on year in September, reaching 51,519, according to official data.
Overall home sales fell 9.3% to 142,390, mainly as sales of existing homes dropped 15.3% to 90,871.
New homes made up 36.2% of all housing transactions that month.
Mortgage-backed sales increased 5.1% to 23,397, while sales to foreign buyers rose 9.9% to 2,167.
Russians bought the most homes among foreign buyers, followed by Iraqis and Germans.
In the first nine months, new-home sales slipped 0.6% to 359,913, and total sales fell 7.2% to 1.09 million; sales to foreign buyers were down 4.3% to 15,308.
New-home sales in Türkiye rose 3.9% year on year to 51,519 in September.
New homes made up 36.2% of the 142,390 housing transactions recorded that month.
Overall housing sales fell 9.3% year on year, while existing-home sales dropped 15.3%.
Sales to foreign buyers increased 9.9% to 2,167 in September.
From January through September, new-home sales edged down 0.6% to 359,913.
- Who
- Homebuyers in Türkiye, including domestic and foreign buyers.
- What
- New-home sales rose 3.9% year on year to 51,519.
- When
- September; the data was released on Oct. 16.
- Where
- Türkiye.
- Why
- Not stated.
This story does not have two clearly opposing sides.
New-home sales edged down 0.6% year on year to 359,913.
New-home sales rose 3.9% year on year to 51,519.
Official housing sales data was released.
- New-home sales in September
- 51,519
- Year-on-year change in new-home sales
- Up 3.9%
- New homes’ share of September housing transactions
- 36.2%
- Total housing transactions in September
- 142,390
- Foreign-buyer sales in September
- 2,167, up 9.9% year on year
- New-home sales, January-September
- 359,913, down 0.6% year on year