Rebound in home sales likely to continue in coming months
Real Estate
ISTANBUL The Turkish housing market , which saw a steep contraction in the first half of 2024, has been showing signs of revival. Home sales plunged month after month earlier this year due to high loan costs and high prices. Moreover, consumers, who generally view real estate as an investment, turned to other options available to make financial gains, which also depressed demand for homes. But the outlook in the housing market started to change. In August, home sales increased by 9.9 percent
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