Growth was the result of government programs to cover the cost of buying houses and repair, it has had some support for housing, together with a low rate loan.
Related article: Center of Istanbul will be transformed beyond recognitionGrowth rates have become more reticent to 20,4% in August - the maximum since September 2009 when there was an increase by 54,2%. Housing starts decreased in 2009. The largest annual fall on -44.0% was recorded in September 2007 and the sharp increase was 67.6% seen in March 1972.
On a seasonally adjusted annualized housing starts totaled 847,000 units in November, compared with 813,000 units in October. In November, it was built: - Homes for sale rose 7.1% y / y to 235 units and 27 (compared to 10,4% in October), 13ty consecutive monthly gain. - Homes for Rent -9.5% y / y to 26,703 units (up from -9.0%), the second month of fall. - Condominiums and homes for sale by 46,3% to 18,549 units (compared to 37.1%), the ninth consecutive annual increase.