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In Turkey, there was a decline in the construction sector

30.05.15
Data for the first quarter of 2015, published by the Institute of Statistics of Turkey (TurkStat) show that in Turkey there is a significant slowdown in the construction sector.
Reducing the number of new construction projects amounted to 47.5%, the number of facilities decreased by 41.2%. There is also a reduction in the total area of ​​real estate under construction by 44.5%.
Of the total planned construction, the share of residential properties account for 69.8%, t.e.25,9 million square meters.
At that time, both in the construction sector in recession, even more on the real estate market stands races sales of residential properties. So, in April 2015 it was concluded purchase and sale 52 598 housing units, 40% higher than the same month in 2014.
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