July 2024 Housing Data Announced.

-According to July 2024 housing sales data, housing sales data, which increased compared to the same period last year after a long time, showed a strong increase. (approx. +16%)
-In Beşiktaş specifically, the number of house sales, which was 159 in July last year, was 210 this year.
- Last month, Beşiktaş was one of the few districts in Istanbul where more housing sales took place compared to the same period last year.
-In March, the construction cost increase was above the housing price increase after a long time, indicating that the price decline had come to an end.
-I wonder if the data on the number of housing sales this month shows that the decline in demand has come to an end..
-I wonder if a certain segment of people who do not want to be caught in the expected interest rate decrease and possible demand increase at the end of the year have turned to housing purchases..
For about the last month, I have experienced an increase in the number of demand notifications for old buildings across Beşiktaş.
We will live and see.. My absolute opinion is that real estate is a rare safe haven in our country whose appeal will increase exponentially. For whatever purpose it is requested..