The last few months for the Turkish real estate market will be successful, which could be good news for potential investors. According to figures cited by the Istanbul Economic Weekly Ekonomist, in the last quarter of last year, Turkey has sold nearly 116,000 homes, up 25.2% compared with the same period in 2008, and by 3.9% compared with the third quarter of 2009. Part of the sales growth in 2009 looks like it is significant against the backdrop of recession in the last three months of 2008, when it sold only 93,000 houses. A second possible reason for the sales growth Ekonomist experts call the reduction in interest rates. The total number of homes sold in the Turkish market, totaled 532,000 units, while the previous year there were only 427 000. Consequently, the sale of homes increased by 24.5%, which contributed to a serious jump in sales in the second quarter of last year, when they were recorded extremely high performance - 195 000 homes. On this Site www.hurriyetdailynews.com
The Turkish property market is recovering
11.03.2010
Homesoverseas.ru editorial office
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