Bursa Housing Sales Decline Attributed to Public Holidays, Says Appraiser

In a recent statement, real estate appraiser İsmail Duyar highlighted that the decline in housing sales in Bursa during May can be largely attributed to a reduced number of working days caused by public holidays and vacation periods. This downturn comes at a time when the sentiment in the real estate market is notably cautious, as reflected by an adjusted sentiment score of 7, indicating a prevailing atmosphere of extreme fear among investors. Furthermore, the topic coverage has also seen a trend score of 4, suggesting that discussions around the housing market are gaining traction, albeit under a cloud of pessimism. This context is underscored by a recent rate of change of 0.057, which suggests a slight uptick in market activity, yet remains overshadowed by the overall sentiment of uncertainty gripping the sector.