Building permits in Turkey down 28.1 percent in H1

Thursday, 23 August 2018 11:04:49 (GMT+3)   |   Istanbul
       

According to the data released by the Turkish Statistical Institute (TUIK), the number of buildings authorized by building permits from municipalities in Turkey in the first half of the current year amounted to 55,231, down 28.1 percent from 76,795 registered during the same half of the previous year. In the first half of 2016, the number of buildings authorized by municipality building permits totaled 69,366.

In the January-June period this year, the value of the buildings in question fell by 28.2 percent year on year to TRY 96.07 billion, while the total number of apartments authorized by building permits recorded a decline of 46.1 percent to 349,985, both year on year.

Meanwhile, in the first six months the number of buildings given occupancy permits by municipalities in Turkey increased by 1.7 percent to 56,079 buildings, compared to the first six months of 2017.


Similar articles

Turkish construction sector confidence down 3.6% in March from February

22 Mar | Steel News

Real estate sales in Turkey up 16.9 percent in February from January

14 Mar | Steel News

Turkish construction sector confidence up 1.0% in February from January

23 Feb | Steel News

Real estate sales in Turkey down 42 percent in January from December

16 Feb | Steel News

Turkish construction sector confidence up 3.3% in January from December

25 Jan | Steel News

Real estate sales in Turkey down 17.5 percent in 2023

19 Jan | Steel News

Turkish construction sector confidence down 3.3% in Dec from Nov

27 Dec | Steel News

Real estate sales in Turkey down 3.0 percent in November from October

15 Dec | Steel News

Turkish construction sector confidence up 2.2% in Nov from Oct

24 Nov | Steel News

Real estate sales in Turkey down 8.7 percent in October from September

16 Nov | Steel News