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Turkey home sales accelerate as interest rates stabilise
Published Mon, Nov 24, 2014 · 09:50 PM
Istanbul
TURKISH home sales jumped the most this year as stabilised interest rates spurred a surge in mortgage loans.
The number of homes sold jumped 25 per cent to 95,645 in October, with mortgage sales rising 31 per cent, according to data published by the state statistics office in Ankara on Monday. The average cost of a home loan in the month was 10.7 per cent, according to data comp…
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