Housing credit record is broken – July 15 Betrayal News

The economy of Turkey, housing, the locomotive with the industry aside, launched the 10-year public maturity banks, 0.98 'campaign producers' interest in the l & # 39; application, mortgage volume peak historic 20% reduction, 5% down payment 'moved to banks.

BANKS PUBLIC LOKOMOTİF
On the residential loan for the first time in its history of volume, it exceeded for the first time in the history of the volume of housing loans 200 billion lire, according to the data of the Banking Regulation Agency. , the increase in locomotives took on the state-owned banks. Household loans, which amounted to 86.7 billion lire on 11 May, reached 95.5 billion lire during this period. While state-owned banks have signed the increase in home loans, the credit volume of private and foreign banks has declined. The increase of TL 21 billion over the last year on home loans has been fully supported by state-owned banks.

TL 2.4 billion exceeded
The total credit volume of the Turkish banking sector, which amounted to TL 1.7 trillion at the end of 2016, is expected to reach 1.2 TL billion in July of this year During the first week, it reached 2.4 trillion LT. In particular, the implementation of the Credit Guarantee Fund, which the government has implemented to revive the economy, has been effective in growing lending. During this period, the volume of home loans increased from ITL 164 billion to ITL 202 billion.

OCCASION MOVEMENT
The campaign launched to dissolve nearly 2 million homes was particularly effective on the other hand. According to data Institute of Statistics in Turkey, in May, the beginning of the campaign a total of 119 thousand 655 new home sales fell 2.7 percent in Turkey decline. The decline in home sales was 9.9% in April. The decline in residential mortgaged sales from 35.6% in May to 11.7% in May, due to the influence of the campaign.

NEW MODEL FOR ZEROUS HOUSE
Construction companies, who said to have a recovery by the influence of the campaign in second-hand sales, also launched a new model for the Zero housing market it works.