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The construction sector revived with historical record-breaking housing sales. Building permits increased by 45.5 percent in the number of buildings, 40.8 percent in area and 72.9 percent in the number of flats in the first half of 2020 compared to the previous year. Wanting to overcome the increasing costs and shrinking market handicaps, the construction sector has turned to the internet intensely for material search.
*** This release is originally published in Turkish.
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ISTANBUL (TR) – With the effect of the housing loan campaigns initiated by the leadership of public and private banks, a total of 229 thousand 357 houses were sold, 130 thousand 721 of which were mortgaged, in July. Both the historical record in total housing sales in the mortgage sales broken, the construction sector is considered the lifeblood of Turkey’s economy also gave the signal to return to the old days. Building permits, which are one of the most important data of the construction sector and issued by municipalities, increased by 45.5 percent in the number of buildings, 40.8 percent in area and 72.9 percent in the number of flats in the first six months of 2020 compared to the previous year.
Also, according to İMSAD data; construction materials industry exports increased by 57.6 percent in volume in June compared to the previous year and became the second highest monthly export item since 2013. The increase in material prices but the fact that there was no change in the contract amounts of the projects pushed the construction companies to seek solutions.
“The construction industry is looking for ways to reduce purchasing and selling costs”
Devrim Ünal Saygın, General Manager of YapıRadar.com, which is positioned as a project data and demand bank created for the exchange of goods and services between suppliers and contractors, noted that the building licenses obtained with the effect of Kovid-19 increased significantly in the first half of 2020. Saygın said, “Our industry was also affected by the fluctuation in construction material prices in the first half of the year. For this reason, industry representatives are looking for ways to reduce purchasing and selling costs. Construction industry ‘digital project data bank’ My yapıradar.co We, as Turkey and abroad in addition to bringing the project details to the foot of suppliers, contractors are building bridges between suppliers to reduce their costs with purchase. Construction companies, from the project stage to the completion stage, request their purchases from each item in their projects through the platform and reach the supplier companies and receive offers. Thus, long and difficult demands are solved in a short time and at affordable prices. ” He spoke in the form.
“It threw its dead soil on the construction sector”
Stating that they established a project data and demand bank for the exchange of goods and services between suppliers and contractors, Devrim Ünal Saygın said, “The record increases in housing sales in June and July removed the dead soil of the construction sector, which contracted with the pandemic. After a long time, the months of June and July were very productive for both the banking sector and the construction sector, and as a result of the normalization steps, they contributed to the positive movement of the country’s economy. said.
“The wind caught in June continues in July”
Stating that they work with all sub-sectors of the construction sector and that the wind caught in June continued in July, Saygın said, “All details of the construction projects of Turkish contractors in Turkey and abroad can be followed on the YapıRadar internet platform. Thus, we can observe the wind caught by the construction industry, closely from our data. As a platform where nearly 20 thousand project information is written annually, our goal is to be one of the most important assistants of construction companies in the future. ” used the expressions.
