Overview Of Türkiye's Real Estate Market in August 2024 https://www.istanbulrealestate.net/overview-of-turkiyes-real-estate-mark...
In August 2024, Türkiye’s real estate market saw a significant boost, with over 134,000 homes sold. It shows a 9.9% increase compared to the same month last year. This rise reflects growing demand, especially in major cities like Istanbul, Ankara, and Izmir. These cities accounted for a large share of the sales. Despite the overall growth, certain parts of the market faced challenges.
Mortgage sales, for example, dropped, and there was a noticeable decrease in homes sold to foreign buyers. However, strong activity from first-time home buyers and robust second-hand home sales kept the market moving forward. Showing that the real estate sector in Türkiye remains active and adaptable despite shifts in buyer behavior and economic factors.
Overview Of Türkiye's Real Estate Market in August 2024
https://www.istanbulrealestate.net/overview-of-turkiyes-real-estate-mark...
In August 2024, Türkiye’s real estate market saw a significant boost, with over 134,000 homes sold. It shows a 9.9% increase compared to the same month last year. This rise reflects growing demand, especially in major cities like Istanbul, Ankara, and Izmir. These cities accounted for a large share of the sales. Despite the overall growth, certain parts of the market faced challenges.
Mortgage sales, for example, dropped, and there was a noticeable decrease in homes sold to foreign buyers. However, strong activity from first-time home buyers and robust second-hand home sales kept the market moving forward. Showing that the real estate sector in Türkiye remains active and adaptable despite shifts in buyer behavior and economic factors.