Turkish Property Sales Hit Record High in First 11 Months of 2024

Turkey's real estate market recorded its strongest performance on record for the January-November period, with nearly 2.87 million properties sold. This figure marks a 7.6% increase compared to the same timeframe last year. The data comes from the Turkish Land Registry and Cadaster, the official government body responsible for property records. The previous 11-month sales record was also set last year. The sustained high sales volume indicates continued strong demand within the Turkish property sector. Analysts often monitor these figures as a key indicator of domestic economic activity. Further official breakdowns, including sales to foreign buyers and transactions by city, are typically published in the following month's report.