Mortgaged house sales in Turkey drop 14 pct in March

DAILY SABAH
ISTANBUL
Published 23.04.2016 03:07

House sales increased 1 percent to 117,205 in March compared to the same month of the previous year while mortgaged house sales throughout Turkey were 38,822, a decrease of 14.3 percent, according to data by the Turkish Statistical Institute (TurkStat).

House sales with mortgages had a 33.1 percent share of all house sales in Turkey.

Also, among foreign nationals, Iraqi citizens ranked first with 244 purchases in March, followed by citizens of Saudi Arabia with 151, Afghans with 148, Kuwaitis with 136 and Russia with 96.

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