Housing sales fell 18.2% in February
Housing sales in Turkey decreased by 18.2% compared to the same month of the previous year in the month of February 2019 was 78 thousand 450.
According to TurkStat data, home sales in Turkey decreased by 18.2% compared to the same month of the previous year in the month of February 2019 was 78 thousand 450.
In the housing sales, İstanbul had the highest share with 14 thousand 462 house sales and 18.4%. According to the number of sales, Istanbul was followed by İzmir with 7,790 housing sales and 9,8% share, and İzmir with 4,403 housing sales and 5,6% share. The provinces with low housing sales were Hakkari with 5 residences, Ardahan with 12 houses and Bayburt with 22 houses, respectively.
Mortgage sales decreased 68.2%
Across Turkey mortgage sales showing a decrease of 68.2% compared to the same month of the previous year was 8 thousand 890. The share of mortgage sales in
As a result of other sales types, 69 thousand 560 houses have changed hands
Other housing sales across Turkey increased by 2.2% compared to the same month of the previous year was 69 thousand 560. In other home sales, Istanbul ranked first with 12 thousand 738 house sales and 18.3% share. The share of other sales in total home sales in Istanbul was 88.1%. Ankara was the second with 6 thousand 648 other house sales. Ankara was followed by İzmir with 3 thousand 851 houses. The province with the lowest housing sales was Hakkari with 5 houses.
32 thousand 648 houses were sold for the first time in housing sales
Turkey compared to the same month of the previous year, the number of homes sold decreased 25.3% for the first time in general was 32 thousand 648. The share of the first sale in total housing sales was 41.6%. In the first sales, Istanbul had the highest share with 6 365 house sales and 19.5%, while Istanbul was followed by Ankara with 2 thousand 527 houses and İzmir with 1 800 houses.
45 thousand 802 houses have changed hands in second hand housing sales
Turkey in the second-hand housing sales 12,3% decrease compared to the same month of the previous year was 45 thousand 802. In the second hand house sales, Istanbul was the first with 8 thousand 097 housing sales and 17.7% share. The share of second hand sales in total home sales in Istanbul was 56%. Ankara was the second with 5 thousand 163 houses. Ankara was followed by İzmir with 2 thousand 603 houses.
3 thousand 321 houses were sold to foreigners
Housing sales to foreigners increased by 92.1% compared to the same month of the previous year and became 3 thousand 321. In February 2019, Istanbul ranked first in the home sales to foreigners with a sales price of 1 440 houses. Istanbul was followed by Antalya with the sale of 672 houses, Ankara with 196 house sales, Bursa with 192 houses and Yalova with 138 houses.
According to the nationalities, most of the houses were sold to Iraqi citizens.
