There is an increase in new building license applications.

According to the data announced by TÜİK, the number of new building license applications in the first quarter of 2024 increased by approximately 20% compared to the same period last year.

There is an increase in new building license applications.

According to the data announced by TÜİK, the number of new building license applications in the first quarter of 2024 increased by approximately 20% compared to the same period last year.
In the same period, the number of new building flat license applications increased by approximately 35%, and the surface area increased by approximately 33%.
Approximately 51% of the total new building license applications were for residential areas.
Based on the above data, it would not be wrong to state that real estate supply will increase in the coming period.
This data is an indication that the current buyer market will continue.

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