Housing sales across Turkey increased by 16.2% in May compared to the same month of the previous year and became 59 thousand 166. Istanbul had the highest share in house sales with 11,356 house sales and 19.2%.
According to the number of sales, Istanbul was followed by Ankara with 5 thousand 653 house sales and 9.6% share, and İzmir with 3 thousand 298 house sales and 5.6% share. The provinces with the lowest number of house sales were Ardahan with 7 houses, Hakkari with 11 houses and Bayburt with 26 houses, respectively.
MORTGAGE SALES DECREASED
According to the statement made by the Turkish Statistical Institute, mortgaged house sales in Turkey in May decreased by 42.9% compared to the same month of the previous year and became 10 thousand 560. The share of mortgaged sales in total house sales was 17.8%.
Istanbul ranked first in mortgage sales with 2,210 residential sales and a 20.9% share. While there were no mortgaged house sales in Hakkari and Şırnak provinces, 1 mortgaged house was sold in Ardahan.
48 thousand 606 HOUSES CHANGED HANDS
Other house sales increased by 49.8% in Turkey in May compared to the same month of the previous year and became 48 thousand 606. In other house sales, Istanbul ranked first with 9,146 house sales and a share of 18.8%. The share of other sales in total house sales in Istanbul was 80.5%. Ankara ranked second with 4,277 other house sales, followed by Izmir with 2,560 house sales. The province with the lowest other house sales was Ardahan with 6 houses.
18 thousand 204 residences were sold for the first time
The number of houses sold for the first time in Turkey increased by 8.0% in May compared to the same month of the previous year and became 18 thousand 204. The share of the first sale in total house sales was 30.8%. On first sales
While Istanbul had the highest share with 3 thousand 153 house sales and 17.3%, Istanbul was followed by Ankara with 1156 house sales and İzmir with 858 house sales.
40 thousand 962 HOUSES CHANGED HANDS IN SECOND HAND
Second-hand house sales across Turkey increased by 20.2% in May compared to the same month of the previous year and became 40,962. In second-hand house sales, Istanbul ranked first with 8 thousand 203 houses and a share of 20.0%. The share of second-hand sales in total house sales in Istanbul was 72.2%. Ankara ranks second in second-hand house sales with 4,497 house sales.
İzmir followed with the sale of 2 thousand 440 residences.
DECREASED 3.8% IN JANUARY-MAY PERIOD
In the January-May period, house sales decreased by 3.8% compared to the same period of the previous year to 418 thousand 79, while mortgaged house sales decreased by 54.3% to 75 thousand 290, and other sales types increased by 27.0% to 342 thousand 789. In this period, first-time houses sold decreased by 8.2% to 127 thousand 786, second-hand housing sales decreased by 1.8% to 290 thousand 293.
1776 HOUSING SALES TO FOREIGNERS WERE REALIZED
Housing sales to foreigners increased by 106.5% compared to the same month of the previous year and became 1,776. In the housing sales to foreigners, Istanbul took the first place with 818 sales in May. Antalya was followed by Antalya with 341 house sales, Ankara with 106 house sales, Mersin with 80 house sales and Sakarya with 75 house sales, respectively.
IRAQ CITIZENS RANK FIRST
In the January-May period, house sales to foreigners increased by 24.9% compared to the same period of the previous year and became 15 thousand 740.
In May, Iraqi citizens bought 239 houses from Turkey. Iraqi citizens were followed by Iran with 231 residences, Russian Federation with 119 residences, Afghanistan with 98 residences and Germany with 87 residences, respectively.
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