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Turkish Real Estate Market is to Get Move after the Early Election


Turkish Real Estate Market is to Get Move after the Early Election

The Turkish real estate gurus who noted that home sales may up by the end of the year, underscored that home sales in July performed a decrease stemmed from religious holiday, increase in exchange rate and home sale price, adding regressions on a monthly basis are not permanent. Ali Taylan the Federation of All Real Property Consultants (TEMFED) President stated that there are no vexed issues determined sector-wide even though there was a monthly regression because of religious holiday, fluctuation in exchange rate and rise in home sale price during July. Gülşah Gökçen Turan Real Estate Consultant said that the main reason of this monthly regression is that people want to spend their cash money before the early election. Also she expressed that it is foresaw that home sales may increase again if there will be a rise in exchange rate and interests.

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