Gold prices emerge as new barrier to home purchases in Türkiye
The number of homes sold across Türkiye in July fell 17 percent year-on-year to 123,603, according to official data.
After a decline in May and a slight recovery in June, housing sales dropped significantly again last month.
Despite strong housing demand and robust buyer appetite, buying a home has become increasingly difficult, daily Milliyet reported.
Many households that invested their savings in gold have been affected by the precious metal’s weak performance over the past five months.
