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01:11
Average home prices in Türkiye climb to over 96,000 U.S. dollars
STORY: Average home prices in Türkiye climb to over 96,000 U.S. dollars
DATELINE: July 20, 2023
LENGTH: 0:01:11
LOCATION: Ankara
CATEGORY: Economy
SHOTLIST:
1. various of some apartments and houses in Türkiye (courtesy of ihlas news agency)
2. various of Turkish Lira
3. various of some apartments and houses in Türkiye (courtesy of ihlas news agency)
STORYLINE:
The average home sale price in Türkiye climbed to 2.54 million Turkish lira (96,359 U.S. dollars) in June, according to Endeksa, which collects data on the real estate market.
Home prices climbed by 110 percent year on year to 19,653 lira per square meter (729.13 U.S. dollars).
In May, the average sale price was 2.45 million lira (91,000 U.S. dollars).
In June, home sales across Türkiye plunged 44.4 percent from a year ago to 83,636. New home sales declined 42 percent, while mortgaged sales dropped more than 45 percent.
Xinhua News Agency correspondents reporting from Ankara.
(XHTV)
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