Turkish Statistics Institute
The house price index increased by 9.92 percent in December 2019 from the same month of the previous year, data from the Central Bank have shown.
The annual rise in house prices was lower, at 7.2 percent, in November last year.
In real terms, house prices went up by 1.71 percent, the Central Bank said on Feb. 18.
Turkey's industrial production increased by 3.6 percent year-on-year in December 2019, data from the Turkish Statistics Institute (TÜİK) showed on Feb. 13.
In the month, all the three main sub-indices -- mining and quarrying, manufacturing, and the electricity, gas, steam and air conditioning -- rose by 9.8 percent, 9.1 percent and 0.3 percent, respectively.
Revenues generated from property sales increased more than 14 percent in 2019 compared with 2018, according to data from the general directorate of land registry.
Last year a total of 2.33 million properties, including residential units, offices and land plots, changed hands which generated 389 billion Turkish Liras (around $65 billion) in revenues.
The amount of money kept in saving deposit accounts at local banks increased by 25.4 percent from 2018 to stand at 1.45 trillion Turkish Liras (around $241 billion) last year, state-run Anadolu Agency reported, citing data from the Turkish Statistics Institute (TÜİK) and the country's banking sector regulator (BDDK).
The size of Turkey's retail sector reached 1.1 trillion Turkish Liras ($193 billion), according to a report by audit and consultancy firm KPMG Turkey.
The industry contracted in the first three quarters of 2019 by 5.3 percent, 3.9 percent and 1 percent, respectively last year.
The initial indicators suggest a recovery in 2020, the report added.
Emlak Konut Real Estate Investment Company targets 1.13 billion Turkish Liras(around $190 million) of net income this year.
The developer hopes to collect a total of 5.12 billion liras in revenues, excluding value added tax, from unit sales in 2020, Emlak Konut said in a filing with Borsa Istanbul on Jan. 21.