Turkey Construction Output  Forecast


Turkey Construction Output
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Construction Output in Turkey is expected to be 3.50 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 3.14 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.


Turkey Housing Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Construction Output 0.5 3.5 3.2 3 3.14 2.5
Housing Index 246 252 264 271 268 339
New Home Sales 70019 82500 52200 51300 48418 89400
Housing Starts 18636 14200 9050 9810 7746 20600
Home Ownership Rate 61.1 61 61.2 61.2 60.23 61.7
Building Permits 199694 125000 89500 85200 79495 149000
Existing Home Sales 70279 70300 65100 60100 56239 78500