Sales

'Black Friday', the next retail sales, will take place on November 25 this year and will include major offers, market representatives said, who also welcomed the end of the interim sales that used to take place in the beginning of November.

Home sales rose by 107.5 percent in May from the same month of 2021, while house purchases by foreigners in Turkey increased by 236 percent, data from the Turkish Statistical Institute (TÜİK) showed.

A total of 122,768 houses were sold last month compared to 59,166 units that changed hands in May 2021 and 50,936 in the same month of 2020.

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Turkey recorded 660,595 house sales in the January-July period, down 22.7 percent year-on-year, the country's statistical authority announced on Aug. 13.

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Istanbul had the highest share with 26,716 house sales, according to official figures announced by the Turkish Statistical Institute (TÜİK).

However, this also led to problems in home delivery, so the number of complaints due to delays, non-delivery or damage to goods increased. Although the difficulties in this area have been the same for years, customers are not yet well aware of their rights.

If bidding goes high enough, he’ll even deliver the car to the winner himself

The market is eager to see all brick-and-mortar stores reopen as early as possible, even if it is with the shopping by appointment system - dubbed "click inside" - that the government appears to be leaning towards at this stage. This may be the only way for retailers to contain massive turnover losses from the months-long lockdowns.

Turkish real estate companies have launched online property sales to foreigners as the coronavirus pandemic prevents potential homebuyers traveling to the country.

The electronic commerce sector in Greece has proven unable to respond to the extraordinary conditions created by the measures put in place to curb the Covid-19 epidemic.

Turkey's calendar-adjusted retail sales volume with constant prices rose 9.6 percent year-on-year in January, the country's statistical authority announced on March 13.

"In the same month food, drinks and tobacco sales increased by 5.5 percent," TÜİK said.