Development of the real estate sector in Turkey in August 2024 – Housing Sales Statistics in August 2024
134 thousand 155 houses were sold in Türkiye. In Türkiye, house sales increased by 9.9% in August compared to the same month of the previous year and became 134 thousand 155. The provinces with the highest number of house sales were İstanbul with 19 thousand 467, Ankara with 12 thousand 496, and İzmir with 7 thousand 44, while the provinces with the lowest number were Hakkari with 53, Ardahan with 93, and Bayburt with 116.
House sales, August 2024
House sales increased by 1.1% in January-August 2024.
In the January-August period, house sales increased by 1.1% compared to the same period of the previous year and became 806 thousand 317.
134 thousand 155 houses were sold in Türkiye. In Türkiye, house sales increased by 9.9% in August compared to the same month of the previous year and became 134 thousand 155. The provinces with the highest number of house sales were İstanbul with 19 thousand 467, Ankara with 12 thousand 496, and İzmir with 7 thousand 44, while the provinces with the lowest number were Hakkari with 53, Ardahan with 93, and Bayburt with 116.
House sales, August 2024
House sales increased by 1.1% in January-August 2024.
In the January-August period, house sales increased by 1.1% compared to the same period of the previous year and became 806 thousand 317.
Number of house sales, August 2024
Mortgaged house sales became 13 thousand 574.
In Türkiye, mortgaged house sales decreased by 17.1% in August compared to the same month of the previous year and became 13 thousand 574. Mortgaged house sales had 10.1% share of all house sales. In the January-August period, mortgaged house sales decreased by 49.8% compared to the same period of the previous year and became 76 thousand 485.
3 thousand 55 of mortgaged house sales in August and 18 thousand 17 of mortgaged house sales in the January-August period were first sales.
Other house sales became 120 thousand 581
In Türkiye, other house sales increased by 14.1% in August compared to the same month of the previous year and became 120 thousand 581. Other house sales had 89.9% share of all house sales. In the January-August period, other house sales increased by 13.2% compared to the same period of the previous year and became 729 thousand 832.
House sales by type, August 2024
41 thousand 913 houses were sold for the first time.
In Türkiye, first time house sales increased by 18.7% in August compared to the same month of the previous year and became 41 thousand 913. First sales had 31.2% share of all house sales. In the January-August period, first time house sales increased by 7.5% compared to the same period of the previous year and became 256 thousand 21.
Second hand house sales became 92 thousand 242
In Türkiye, second hand house sales increased by 6.3% in August compared to the same month of the previous year and became 92 thousand 242. Second hand sales had 68.8% share of all house sales. In the January-August period, second hand house sales decreased by 1.6% compared to the same period of the previous year and became 550 thousand 296.
House sales by state, August 2024
In August, 2 thousand 257 houses were sold to foreigners.
House sales to foreigners decreased by 26.2% in August compared to the same month of the previous year and became 2 thousand 257. House sales to foreigners had 1.7% share of all house sales in August. The provinces with the highest number of house sales to foreigners were İstanbul with 838, Antalya with 696, and Mersin with 174.
House sales to foreigners, August 2024
In the January-August period, house sales to foreigners decreased by 40.0% compared to the same period of the previous year and became 15 thousand 68.
House sales were mostly made to Russia citizens according to nationalities
In August, the most house sales by nationality were made to citizens of Russia with 381, Iran with 171, and Ukraine with 161.
House sales by nationalities for top 10, August 2024
Data based on real estate transactions and land registry (18.09.2024)
House Sales Statistics, July 2024
127 thousand 88 houses were sold in Türkiye. In Türkiye, house sales increased by 16.0% in July compared to the same month of the previous year and became 127 thousand 88. The provinces with the highest number of house sales were İstanbul with 19 thousand 47, Ankara with 11 thousand 364, and Antalya with 6 thousand 659, while the provinces with the lowest number were Ardahan with 61, Hakkari with 64, and Bayburt with 77.
House sales, July 2024
House sales decreased by 0.5% in January-July 2024.
In January-July period, house sales decreased by 0.5% compared to the same period of the previous year and became 672 thousand 162.
Number of house sales, July 2024
Mortgaged house sales became 11 thousand 496.
In Türkiye, mortgaged house sales decreased by 20.9% in July compared to the same month of the previous year and became 11 thousand 496. Mortgaged house sales had 9.0% share of all house sales. In January-July period, mortgaged house sales decreased by 53.8% compared to the same period of the previous year and became 62 thousand 911.
2 thousand 786 of mortgaged house sales in July and 14 thousand 962 of mortgaged house sales in January-July period were first sales.
Other house sales became 115 thousand 592
In Türkiye, other house sales increased by 21.7% in July compared to the same month of the previous year and became 115 thousand 592. Other house sales had 91.0% share of all house sales. In January-July period, other house sales increased by 13.0% compared to the same period of the previous year and became 609 thousand 251.
House sales by type, July 2024
40 thousand 784 houses were sold for the first time.
In Türkiye, first time house sales increased by 28.9% in July compared to the same month of the previous year and became 40 thousand 784. First sales had 32.1% share of all house sales. In January-July period, first time house sales increased by 5.6% compared to the same period of the previous year and became 214 thousand 108.
Second hand house sales became 86 thousand 304
In Türkiye, second hand house sales increased by 10.8% in July compared to the same month of the previous year and became 86 thousand 304. Second hand sales had 67.9% share of all house sales. In January-July period, second hand house sales decreased by 3.1% compared to the same period of the previous year and became 458 thousand 54.
House sales by state, July 2024
In July, 2 thousand 350 houses were sold to foreigners.
House sales to foreigners decreased by 16.1% in July compared to the same month of the previous year and became 2 thousand 350. House sales to foreigners had 1.8% share of all house sales in July. The provinces with the highest number of house sales to foreigners were Antalya with 878, İstanbul with 752, and Mersin with 218.
House sales to foreigners, July 2024
In January-July period, house sales to foreigners decreased by 42.0% compared to the same period of the previous year and became 12 thousand 811.
House sales were mostly made to Russia citizens according to nationalities
In July, the most house sales by nationality were made to citizens of Russia with 485, Ukraine with 171, and Germany with 162.
House sales by nationalities for top 10, July 2024
Data based on real estate transactions and land registry (18.08.2024)