Turkey Construction Output - Forecast

Construction Output in Turkey is expected to be 3.20 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 2.90 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 Construction Output
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Turkey Housing Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Construction Output 0.5 3.2 3 3 2.9 2.5
Housing Index 249 264 271 276 282 339
New Home Sales 59354 52200 51300 71500 84700 89400
Housing Starts 8503 9050 9810 7700 16500 20600
Home Ownership Rate 60.4 61.2 61.2 61.2 61.2 61.7
Building Permits 77190 89500 85200 69900 137000 149000
Existing Home Sales 63378 65100 60100 72400 72100 78500