More than 80 Thousand Houses Were Sold in the First Month of the Year

Turkish Statistical Institute (TUIK) published the Housing Sales Statistics for the first month of the new year. Housing sales across Turkey decreased by 17,8 percent in January compared to the same month of the previous year, reaching 80 thousand 308. Istanbul had the highest share in housing sales with 13 thousand 423 house sales and 16,7 percent. According to sales numbers, Istanbul was followed by Ankara with 6 thousand 709 house sales and an 8,4 percent share, and Antalya with 5 thousand 250 house sales and a 6,5 percent share. The provinces with the lowest number of house sales were Ardahan with 17 houses, Hakkari with 38 houses and Bayburt with 40 houses.

Mortgaged house sales across Turkey decreased by 63,5 percent in January compared to the same month of the previous year, reaching 5 thousand 915. The share of mortgage sales in total housing sales was 7,4 percent. 404 of the mortgage sales in January were first-hand sales.

As a result of other types of sales, 74 thousand 393 houses changed hands.

While the number of first-hand house sales was 25 thousand 263, 55 thousand 45 houses changed hands in second-hand house sales.

Second-hand house sales across Turkey decreased by 21,6% in January compared to the same month of the previous year, reaching 55 thousand 45. The share of second-hand house sales in total house sales was 68,5 percent.

2 THOUSAND 61 HOUSES WERE SOLD TO FOREIGNERS IN JANUARY

Housing sales to foreigners decreased by 50,5 percent in January compared to the same month of the previous year, reaching 2 thousand 61. The share of housing sales to foreigners in total housing sales in January was 2,6 percent. Antalya took the first place in housing sales to foreigners with 747 house sales. Antalya was followed by Istanbul with 710 house sales and Mersin with 211 house sales.

BY COUNTRY NATIONALITY, THE MOST HOUSE SALES ARE TO CITIZENS OF THE RUSSIAN FEDERATION

In January, citizens of the Russian Federation bought 555 houses from Turkey. Citizens of the Russian Federation were followed by citizens of Iran with 208 houses, Ukraine with 127 houses, and citizens of Iraq and Kazakhstan with 99 houses, respectively.