TUIK (Turkiye Statistical Institution) announced the house sales statistics for July. In Turkiye, 93 thousand 902 houses were sold in July.
The most houses were sold in Istanbul
Istanbul had the highest share in house sales with 14 thousand 350 houses and 15.3 percent. According to the number of sales, Istanbul was followed by Ankara with 7 thousand 417 house sales and 7.9 percent share, and Izmir with 4 thousand 868 house sales and 5.2 percent share. The provinces with the lowest number of house sales were Hakkari and Ardahan with 31 houses, and Şırnak with 49 houses, respectively.
Housing sales increased by 24.2 percent in the January-July period
Housing sales in the January-July period amounted to 820 thousand 300 with an increase of 24.2 percent compared to the same period of the previous year.
Mortgaged house sales in the January-July period, increased by 51.9 percent compared to the same period of the previous year and became 189 thousand 463.
65,214 houses changed hands in second-hand house sales
Second-hand house sales in Turkey decreased by 13.2 percent in July compared to the same month of the previous year and became 65 thousand 214. The share of second-hand housing sales in total housing sales was 69.4 percent. Second-hand house sales in the January-July period increased by 26.8 percent compared to the same period of the previous year and amounted to 583 thousand 161.
3 thousand 939 houses were sold to foreigners in July
Housing sales to foreigners decreased by 12.4 percent in July compared to the same month of the previous year and became 3 thousand 939. In July, the share of house sales to foreigners in total house sales was 4.2 percent.
Foreigners bought the most housing from Antalya.
Antalya took the first place in house sales to foreigners with the sales of 1,421 houses. Antalya was followed by Istanbul with 1,154 house sales and Mersin with 289 house sales, respectively.
According to the nationality of the country, the most house sales were made to the citizens of the Russian Federation.
In July, citizens of the Russian Federation bought 1,288 houses from Turkey. Citizens of the Russian Federation were followed by Iran with 431 residences and Iraqi citizens with 380 residences, respectively.