Total housing sales across Türkiye fell by 31.2% year-over-year in May, reaching 93,333 units, official data showed on Thursday, marking the sharpest decline since December 2023.
Sales had reached the year's peak in April with 126,000 units sold.
The decline in housing sales was largely influenced by the reduced number of working days due to the Eid holiday period.
The number of newly built (first-hand) homes sold across Türkiye in May fell by 27.9% compared to the same month of the previous year, totaling 30,196 units, the data from the Turkish Statistical Institute (TurkStat) showed.
Second-hand home sales, meanwhile, decreased by 32.7% year-over-year, totaling 63,137 units.
