Turkey Construction Output - Forecast

Construction Output in Turkey is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Turkey to stand at 4.63 in 12 months time. In the long-term, the Turkey Construction Output is projected to trend around 2.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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Turkey Housing Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Housing Index 266 274 282 289 295 339
New Home Sales 57064 74500 84700 60900 54600 91400
Housing Starts 6822 25100 9500 12700 24600 19600
Home Ownership Rate 60.4 61.2 61.2 61.5 61.5 61.7
Building Permits 49669 289900 95000 102500 219100 149000
Existing Home Sales 62349 72400 72100 77200 63700 79500