According to the data released by Turkish Statistical Institute (TUIK), in the fourth quarter last year real estate sales in Turkey amounted to 282,835 units, down 3.57 percent compared to the third quarter, but increasing by 124.80 percent year on year. In 2013, real estate sales in Turkey increased by 63.19 percent to 1,144,989 units.
In the third quarter of 2013, real estate sales had risen by 2.8 percent compared to the second quarter of the year and were up 72 percent year on year, amounting to 293,318 units.