Sales of real estate for mortgage declined in Turkey

Sales of real estate for mortgage declined in Turkey

According to the results for 10 months, there is stability in the market of real estate in Turkey. Real estate is bought in the same quantities as in the previous year. But prices of housing are still growing and this trend will continue next year. Totally since January till October 1 million, 86 thousand 539 objects of real estate were sold in the country. Since the beginning of the year purchases of real estate in the secondary market grew by 17%. While sales for mortgage declined by more than 60%. People more often prefer to purchase apartments and villas immediately, without leveraging by banks.

 

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