Housing sales across Turkey decreased by 0,1 percent in March compared to the same month of the previous year, falling to 105 thousand 394 units.
According to the data of the Turkish Statistical Institute (TUIK), house sales across Turkey decreased by 0,1 percent in March compared to the same month of the previous year, reaching 105 thousand 394.
Istanbul had the highest share in housing sales with 19 thousand 40 house sales and 18,1 percent. According to sales numbers, Istanbul was followed by Ankara with 9 thousand 523 house sales and a 9,0 percent share, and Izmir with 6 thousand 413 house sales and a 6,1 percent share. The provinces with the lowest number of house sales were Ardahan with 23 houses, Bayburt with 42 houses and Hakkari with 55 houses.
Housing sales amounted to 1,3 thousand 279 in the January-March period, with a decrease of 604 percent compared to the same period of the previous year.
Mortgaged house sales across Turkey decreased by 49,0 percent in March compared to the same month of the previous year, reaching 12 thousand 880. The share of mortgage sales in total housing sales was 12,2 percent. Mortgaged house sales in the January-March period decreased by 53,0 percent compared to the same period of the previous year, reaching 27 thousand 622.
Of the mortgage sales in March, 3 thousand 105; 6 thousand 569 of the mortgaged sales in the January-March period were first hand sales.
Other housing sales across Turkey increased by 15,3 percent in March compared to the same month of the previous year, reaching 92 thousand 514. The share of other sales in total housing sales was 87,8 percent. Other housing sales in the January-March period increased by 12,3 percent compared to the same period of the previous year, reaching 251 thousand 982.
The number of first-hand house sales across Turkey increased by 4,6 percent in March compared to the same month of the previous year, reaching 34 thousand 399. The share of first-hand house sales in total house sales was 32,6 percent. First-hand house sales amounted to 5,2 thousand 88 in the January-March period, with an increase of 256 percent compared to the same period of the previous year.
Second-hand house sales across the country decreased by 2,2 percent in March compared to the same month of the previous year, reaching 70 thousand 995. The share of second-hand house sales in total house sales was 67,4 percent. Second-hand house sales amounted to 4,0 thousand 191 in the January-March period, with a decrease of 348 percent compared to the same period of the previous year.
Housing sales to foreigners decreased by 47,9 percent in March compared to the same month of the previous year, reaching 778. The share of housing sales to foreigners in total housing sales in March was 1,7 percent. Istanbul ranked first in housing sales to foreigners with 652 housing sales. Istanbul was followed by Antalya with 618 house sales and Mersin with 151 house sales.
Housing sales to foreigners decreased by 48,0 percent in the January-March period compared to the same period of the previous year, reaching 5 thousand 685.