Why it has been like this we will not get into here. Other medias are writing plenty about that, so no need to repeat.
Instead we will take a closer look on how we think the property market will develop for the remaining part of 2016.
It can of course not be much more than guessing, but with 13 years of experience we believe that we have earned the right to call it qualified guessing.
A very positive sign is that there are still several interested buyers in the market, and that properties are still being sold.We do see that foreign buyers often have a longer and existing connection to the market.
This could be buyers that already own a holiday home in Turkey and now are looking to exchange to something bigger or better, or buyers that has been coming to Turkey for many years as holiday makers and now have decided to get a holiday home of their own.