Development of the real estate sector in Turkey - May 2023

A total of 113,276 real estate was sold in May 2023, which is 7.7% less compared to the same month of the previous year. Istanbul ranks first with 18,435 house sales with a share of 16.3%, Ankara comes second with (9.9% share) and 11,196 total sales, and Antalya came third with (a 5.4% share) and 6,158 total sales. The provinces with the lowest number of sales were Ardahan with 18, Hakkari with 38, Bayburt and Tunceli with 55 house sales.