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 4.69 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Housing Index 256 266 274 282 289 339
New Home Sales 50701 51500 74500 84700 60900 91400
Housing Starts 8503 22010 25100 9500 12700 19600
Home Ownership Rate 60.4 61.2 61.2 61.2 61.5 61.7
Building Permits 77190 215200 289900 95000 102500 149000
Existing Home Sales 60204 60100 72400 72100 77200 79500