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Housing purchases by foreigners increased

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Housing sales across Turkey increased by 38.8 percent in April compared to the same month of the previous year and became 133 thousand 58. Istanbul had the highest share in house sales with 26,330 house sales and 19.8 percent. According to the number of sales, Istanbul was followed by Ankara with 12 thousand 195 house sales and 9.2 percent share, and Izmir with 8 thousand 459 sales and 6.4 percent share. The provinces with the lowest number of house sales were Ardahan and Hakkari with 25 houses each, and Bayburt with 47 houses, respectively. Housing sales in the January-April period amounted to 453 thousand 121 with an increase of 26.2 percent compared to the same period of the previous year.

BUY WITH CITIZEN CREDIT

Mortgaged house sales across Turkey increased by 82.9 percent in April compared to the same month of the previous year and reached 32 thousand 30. The share of mortgaged sales in total housing sales was 24.1 percent. Mortgaged house sales in the January-April period, on the other hand, increased by 55.1 percent compared to the same period of the previous year and reached 100 thousand 372.

7 thousand 239 of the mortgage sales in April; 25 thousand 724 of the mortgaged sales in the January-April period were first hand sales.

MOST HOUSINGS ARE SOLD TO RUSSIA, IRAN AND IRAQS

Housing sales to foreigners increased by 58.1% in April compared to the same month of the previous year and became 6 thousand 447. In April, the share of house sales to foreigners in total house sales was 4.8 percent. Istanbul took the first place in house sales to foreigners with the sale of 2 thousand 564 houses. Antalya was followed by Antalya with 1,970 house sales, and Ankara with 333 house sales, respectively.

Housing sales to foreigners increased by 48.9 percent in the January-April period compared to the same period of the previous year and reached 20 thousand 791. In April, citizens of the Russian Federation bought 1,152 houses from Turkey. Citizens of the Russian Federation were followed by Iran with 905 residences and Iraqi citizens with 714 residences, respectively.

THE NUMBER OF SALES OF THE FIRST HAND HOUSING WAS REALIZED AS 36 thousand 421

Other house sales in Turkey increased by 28.9 percent in April compared to the same month of the previous year and became 101 thousand 28. The share of other sales in total house sales was 75.9 percent. Other house sales realized in the January-April period, on the other hand, increased by 19.9 percent compared to the same period of the previous year and became 352 thousand 749.

The number of first-hand housing sales in Turkey increased by 24.7% in April compared to the same month of the previous year and became 36 thousand 421. The share of first-hand housing sales in total housing sales was 27.4 percent. First-hand house sales in the January-April period increased by 19.4 percent compared to the same period of the previous year and amounted to 130 thousand 858.

96 thousand 637 HOUSES HAVE CHANGED HANDS IN SECOND HAND HOUSING SALES

Second-hand house sales across Turkey increased by 45.0 percent in April compared to the same month of the previous year and became 96 thousand 637. The share of second-hand housing sales in total housing sales was 72.6%. Second-hand house sales in the January-April period increased by 29.3 percent compared to the same period of the previous year and amounted to 322 thousand 263.

 

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