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Turkish real estate market not oversupplied

Posted on 02 September 2011

In a country where the yearly housing need is around 600,000-650,000 units, we cannot talk about a pricing balloon or say that the sector is oversupplied, Real Estate Investing Partners Association (GYODER) President Işık Gökkaya told the Anatolia news agency on Thursday.

“According to our [GYODER] research, there will be a huge housing need in Turkey by 2015 as a result of the rising population, renewing old buildings, constructing earthquake-resistant buildings and urban renewal……………………………………….Full Article: Source


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