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Tag: housing sector

Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.
Categories Economy HIGHLIGHTS Markets

Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.

Cem CetingucPosted on24 May, 2023

Average monthly rent prices have increased by 117 percent in one year in Turkey, according … Continue ReadingReport: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.

27 percent of Turkey lives in rentals: Turkstat
Categories Economy General HIGHLIGHTS

27 percent of Turkey lives in rentals: Turkstat

Cem CetingucPosted on9 May, 20239 May, 2023

The share of the Turkish population in rented houses was 27.2 percent in 2022, rising … Continue Reading27 percent of Turkey lives in rentals: Turkstat

Increasing trend of second-hand homes for sale in Turkish property market
Categories HIGHLIGHTS HYPED Markets

Increasing trend of second-hand homes for sale in Turkish property market

Cem CetingucPosted on2 May, 2023

The number of advertisements placed to sell second-hand houses in the market has been on … Continue ReadingIncreasing trend of second-hand homes for sale in Turkish property market

Only 30 percent of buildings in Istanbul are earthquake resistant
Categories General HIGHLIGHTS HYPED

Only 30 percent of buildings in Istanbul are earthquake resistant

Cem CetingucPosted on7 March, 20237 March, 2023

Some 70 percent of buildings in Istanbul are not earthquake resistant, while about 90,000 buildings need to be … Continue ReadingOnly 30 percent of buildings in Istanbul are earthquake resistant

Relocation efforts start for ‘risky houses’ in Istanbul
Categories General HIGHLIGHTS HYPED

Relocation efforts start for ‘risky houses’ in Istanbul

Cem CetingucPosted on2 March, 2023

Environment, Urbanization and Climate Change Minister Murat Kurum has announced that risky housing units in Istanbul will be relocated to two … Continue ReadingRelocation efforts start for ‘risky houses’ in Istanbul

Turkey’s monthly housing sales drop drastically
Categories General HIGHLIGHTS Markets

Turkey’s monthly housing sales drop drastically

Cem CetingucPosted on18 January, 2023

Turkish home sales fell 8.2 percent year-on-year in December to 207,963 houses, with sales to … Continue ReadingTurkey’s monthly housing sales drop drastically

Turkish government announces low interest mortgages for mid-income citizens
Categories Company & Industry Economy General HIGHLIGHTS

Turkish government announces low interest mortgages for mid-income citizens

Cem CetingucPosted on4 January, 2023

Mortgages with lower rates and longer maturities will be offered to middle-income Turkish citizens looking … Continue ReadingTurkish government announces low interest mortgages for mid-income citizens

New housing project launched for widows in Turkey
Categories General HIGHLIGHTS HYPED

New housing project launched for widows in Turkey

Cem CetingucPosted on25 October, 2022

A new housing project will be launched for widowed women, the Family and Social Services Minister Derya … Continue ReadingNew housing project launched for widows in Turkey

Government schemes fall short adressing surging house prices
Categories General

Government schemes fall short adressing surging house prices

Cem CetingucPosted on12 May, 202213 May, 2022

Turkish builders say new government schemes to support the real estate sector will boost home … Continue ReadingGovernment schemes fall short adressing surging house prices

Erdoğan pledges to battle high cost of living
Categories Economy General HIGHLIGHTS

Erdoğan pledges to battle high cost of living

Cem CetingucPosted on10 May, 2022

Pesident Recep Tayyip Erdoğan on Monday pledged arrangements to boost the purchasing power of lower-income … Continue ReadingErdoğan pledges to battle high cost of living

Turkey’s residential property sales to foreigners rose drastically in January
Categories General HIGHLIGHTS Markets

Turkey’s residential property sales to foreigners rose drastically in January

Cem CetingucPosted on19 February, 2022

Residential property sales to foreign buyers rose by 56.5 percent year on year to 4,186 … Continue ReadingTurkey’s residential property sales to foreigners rose drastically in January

Turkey housing sales down 17% annually
Categories General Markets

Turkey housing sales down 17% annually

Cem CetingucPosted on15 September, 2021

Turkey recorded 141,400 housing sales in August, down 17% year-on-year, the country’s statistical authority announced on … Continue ReadingTurkey housing sales down 17% annually

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