In the second quarter of this year, existing home sales in Turkey surged 5.14 percent as compared to the previous quarter and were down 53.65 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK).
In the first quarter of 2010, existing home sales had declined 26.13 percent quarter on quarter and were down 21.13 percent as compared to the first quarter of 2009.