Property Abroad
Blog
Freight transportation has set a new record in the real estate sector.

Freight transportation has set a new record in the real estate sector.

Freight transportation has set a new record in the real estate sector.

According to data collected from reports by the Turkish Statistical Institute, the number of workers employed in industry, construction, and the trade and services sector in the country reached 15 million 289 thousand 258 people in August.

If we take a closer look at the structure of this employment, we can notice an increase in the number of workers in the "real estate" sector. It has been noted that the number of paid employees in this sector has been steadily rising over the past 5 months.

In February, when the earthquakes occurred in Kahramanmaraş, the number of paid workers in this sector reached its lowest point of the year - 115,050 people. After the earthquakes, sector employment fluctuated for two months, but starting in April, it began to rise. Employment in the sector was 115,548 people in April, 118,663 in May, 119,540 in June, 121,724 in July, and in August it reached its historical maximum of 122,224 people.

After the earthquakes that affected 11 provinces, employment in the sector increased by 7,174 people.

Hakan Akdogan, the Head of the Real Estate Committee of the Istanbul Chamber of Commerce

I noted that the increase in employment was also influenced by the rise in the number of foreign real estate companies.

Recommended real estate
Buy in Turkey for 2152400€

Sale villa in Buyukcekmece with city view 2 324 254 $

5 Bedrooms

5 Bathrooms

369 м²

Buy in Turkey for 1596300€

Sale villa in Kalkan with sea view 1 723 753 $

5 Bedrooms

5 Bathrooms

460 м²

Buy in Turkey for 403600€

Sale villa in Fethiye with mountain view 435 824 $

4 Bedrooms

3 Bathrooms

260 м²

Buy in Turkey for 4219900€

Sale villa in Beykoz with sea view 4 556 829 $

5 Bedrooms

5 Bathrooms

328 м²

Buy in Turkey for 899300€

Sale villa in Fethiye with mountain view 971 102 $

4 Bedrooms

3 Bathrooms

210 м²

Buy in Turkey for 2725700€

Sale villa in Yalikavak with sea view 2 943 328 $

5 Bedrooms

5 Bathrooms

320 м²

Akdogan said: "According to data from the Turkish Union of Chambers and Commodity Exchanges (TOBB), real estate agencies rank fifth among foreign companies with partnership capital established from January to August of this year, since 1976."

Akdogan emphasized that the transformation of real estate from a source of pension income into a profession chosen by many university graduates has a positive impact on employment in the sector. He also noted that young people in this industry work in various fields such as land development, investment consulting, property management, and project marketing.

Akdogan stated that the branding process in the industry will continue, and perspectives on real estate will keep changing. He said, "In our country, where more than 3 million properties are sold annually, the real estate market will always remain dynamic and continue to grow."

Akdogan also expressed his opinion on the need to combat informal employment in the industry and emphasized that effective functioning of disciplinary and control mechanisms is necessary to prevent unfair competition.

Comment