Housing sales in Türkiye drop 34 pct in November: official data

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Housing sales in Türkiye drop 34 pct in November: official data

STORY: Housing sales in Türkiye drop 34 pct in November: official data DATELINE: Dec. 16, 2022 LENGTH: 00:00:59 LOCATION: Ankara CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of Turkish flag 2. various of new residential buildings in Ankara STORYLINE: Official data showed Thursday that sales of residential properties in Türkiye decreased by 34.1 percent year on year to 117,806 in November. According to the Turkish Statistical Institute, sales fell by 14.8 percent from October to November. Istanbul, Türkiye's largest city by population, had the highest share of 16.7 percent with 19,687 houses sold. Real estate sales to foreigners also dropped by 17.4 percent to 6,083 properties in November compared to the same month of the previous year. Türkiye's southern resort of Antalya topped house sales to foreigners with 2,616 properties in November, followed by Istanbul with 1,733 and the southern province of Mersin with 567. Russian citizens bought 2,575 houses in Türkiye in November, followed by Iranians wit

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