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Property Sales Have Increased by 16.82 %

07.03.2012

Turkish Statistics Institute (TurkStat) has announced property sales data of the 4th quarter of 2011. According to these, 118.867 homes have changed hands in this quarter and there was recorded a 16.82% property sales increase compared with the previous quarter.

The highest sales increase in the 4th quarter (October, November, December) 2011has reached 31,12% in comparison with the previous quarter and was recorded in Istanbul (TR10). Another regions having high sales increase rates compared with the previous quarter are: Erzurum, Erzincan, Baybrut (TRA1) 30,79%; Mardin, Batman, Sirnak, Siirt (TRC3) 29,96%; Antalya, Isparta, Burdur (TR61) 29,21 and Izmir(TR31) 25,06%.

In the same quarter there was recorded sales decrease at regional level, compared with the previous quarter, in following regions: Van, Mus, Bitlis, Hakkari (TRB2) – 14,13%; Zonguldak, Karabuk, Bartin (TR81) – 3,50%; Kirikkale, Aksaray, Nigde, Nevsehir, Kirsehir (TR71) – 0,33%.

Property sales increased by 21,89% in the 4th quarter of 2011 compared with the same quarter of the previous year. There was a substantial property sales increase in all regions in this quarter compared with the same quarter of the previous year. The regions showing the highest increase rates are the following: Kocaeli, Ssakarya, Duzce, Bolu, Yalova (TR42) 93,07%; Tekirdag, Edirne, Kiriklareli (TR21) 36,70; Erzurum, Erzincan, Baybrut (TRA1) 36,47; Mardin, Batman, Sirnak, Siirt (TRC3) 35,85; Antalya, Isparta, Burdur (TR61) 34,14.



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