In August 2016, the leading actors of the real estate industry started a campaign to send the black clouds that were created on July 15th by Turkey. The campaign, which lasted 2.5 months, received intense interest. “When entering 2017, the industry was a bit unhappy and unhappy. In fact, for five years, we had demands on matters such as title deeds, stamp tax, VAT on contracts, and regulations were required. We have received a positive response to 90 percent of our requests for interviews with government officials, “said Housing Development and Investors Association (KONUTDER) Chairman omer Faruk Çelik, explaining that the morale of the sector has risen again:” Again Emlak Konut GYO is the locomotive.
GYODER and KONUTDER in cooperation as a 240-month housing loan campaign we made. In this campaign, industry leaders wanted banks to raise the mortgage loan rate from 120 to 240 months. Housing loan interest rates dropped from 0.45 to 0.79. This is due to the industry’s sacrifice. 4-5 thousand apartments were sold. This is about 3-4 billion TL turnover. Both the cash and financial sector in the sector provided a resource as well as the economy came to life. ”
In 2016 residential sales increased by 4 percent year-on-year to more than 1 million 341 units, with part of the sector’s existing inventory being melted with an increase in residential sales.
In terms of direct contribution to the economy, the sales of the first sales is an important indicator. In 2016, first-hand sales increased by 5.5 percent year-on-year and second-hand sales by 2.8 percent. Household sales in Turkey in January of 2017 increased by 12.8 percent compared to the same month the previous year was 95 thousand 389.