AHPGS(Accreditation Agency in Health and Social Sciences)
17 February 2025 Monday
Interest rate cut has created optimism in the housing sector!
The Central Bank of the Republic of Türkiye (CBRT) took the step of monetary expansion at the first Monetary Policy Committee (PPK) meeting of 2025 with a one-week repo tender rate cut by 250 basis points. This situation aims to increase housing demand and create a revival in the construction sector by facilitating the access of market factors to financing. Making statements on the subject, Asst. Prof. Mustafa Kerem Börü added that the interest rate cut can contribute to the realization of new projects in the construction sector by increasing the demand for housing.
