Hakan

Potential homebuyers in Türkiye currently are taking a wait-and-see approach, anticipating that banks will eventually turn on the credit taps after the May 14 elections.

As demand has weakened, some property owners are reducing their asking price in an attempt to find a buyer.

Prices of houses offered on the market for sale have declined by 5 percent, daily Milliyet reported.

Torrential rainfalls in the quake-hit provinces, where efforts are ongoing to remove piles of rubble from collapsed buildings, can increase the risk of deadly debris flows carried away by floodwaters, warns an expert.

In the investigation into the mine blast which claimed the lives of 41 workers in the northern province of Bartın's Amasra district, the prosecutor's office demanded a prison sentence of 1,080 years for each of the four executives.

Former footballer Zafer Biryol, who was wanted for "being a member of an armed terrorist organization," has been caught in an operation against FETÖ's "football structure" in Istanbul's Büyükçekmece district.

He was found to attend the FETÖ's meetings, visit Fethullah Gülen, the ringleader of the organization, in 2006 and have an account in Bank Asya, a FETÖ-linked bank.

The Islamic holiday of Eid al-Adha, which usually increases domestic tourism activity, has also helped boost sales on e-commerce platforms in Türkiye.

Online shopping rose around 30 percent, with sales of certain items, such as deep freezers and tires, increasing significantly, said Hakan Çevikoğlu, head of the E-commerce Enterprises Association (ETİD).

The Turkish Football Federation (TFF) will be organizing music concerts before matches to promote interest in the sports and fill the stadiums once emptied due to coronavirus and unsatisfactory football matches.

The target is to attract mainly women and children, local media outlets said.

Defying police intervention, thousands of protesters on Tuesday took to the streets of Istanbul to condemn a Turkish court's decision to jail for life philanthropist and human rights advocate Osman Kavala and others for their roles in the Gezi Park Protests in 2013, which the court insisted was a coup attempt.

Protesters hold placards reading "The Gezi resistance continues" in front of the Istanbul Caglayan Court House to support Turkish businessman and philanthropist Osman Kavala on Monday. Photo: EPA-EFE/SEDAT SUNA

Online orders have increased as the new wedding season has arrived, according to the top executive of Turkey's state-owned e-commerce platform.

"Wedding preparations fell under the shadow of the pandemic in the last two years," said PttAVM.com General Manager Hakan Çevikoğlu on April 24.

Panic buying and panic selling appear to be one of the reasons behind the sharp increases in house prices in the secondhand market, an expert has said.