Türkiye’s housing market recorded a sharp slowdown in May, with total home sales across the country falling 31.2 percent year-on-year to 93,333 units, according to data released by the Turkish Statistical Institute (TÜİK) on June 18.

Housing prices in Türkiye extended their decline in real terms in May, despite continued growth in sales volumes, as elevated borrowing costs weigh on the...

Türkiye’s housing market recorded a sharp slowdown in May, with total home sales across the country falling 31.2 percent year-on-year to 93,333 units, according to data released…