105 thousand 394 houses were sold in Türkiye. In Türkiye, house sales decreased by 0.1% in March compared to the same month of the previous year and became 105 thousand 394. İstanbul had the highest share with 18.1% and 19 thousand 40 house sales. The followers of İstanbul were Ankara with 9 thousand 523 house sales and İzmir with 6 thousand 413 house sales with the share of 9.0% and 6.1% respectively. The provinces with the lowest number of sales were Ardahan with 23, Bayburt with 42, and Hakkari with 55 house sales.
Houses sales decreased by 1.3% in January-March 2024. In the January-March period, house sales decreased by 1.3% compared to the same period of the previous year and became 279 thousand 604.
Mortgaged house sales became 12 thousand 880. In Türkiye, mortgaged house sales decreased by 49.0% in March compared to the same month of the previous year and became 12 thousand 880. Mortgaged house sales had 12.2% share of all house sales. In the January-March period, mortgaged house sales decreased by 53.0% compared to the same period of the previous year and became 27 thousand 622. 3 thousand 105 of mortgaged house sales in March and 6 thousand 569 of mortgaged house sales in the January-March period were first sales.
Other house sales became 92 thousand 514. In Türkiye, other house sales increased by 15.3% in March compared to the same month of the previous year and became 92 thousand 514. Other house sales had 87.8% share of all house sales. In the January-March period, other house sales increased by 12.3% compared to the same period of the previous year and became 251 thousand 982.
34 thousand 399 houses were sold for the first time. In Türkiye, first-time house sales increased by 4.6% in March compared to the same month of the previous year and became 34 thousand 399. First sales had 32.6% share of all house sales. In the January-March period, first-time house sales increased by 5.2% compared to the same period of the previous year and became 88 thousand 256.
Secondhand house sales became 70 thousand 995. In Türkiye, second-hand house sales decreased by 2.2% in March compared to the same month of the previous year and became 70 thousand 995. Second-hand sales had 67.4% share of all house sales. In the January-March period, second-hand house sales decreased by 4.0% compared to the same period of the previous year and became 191 thousand 348.
In March, a thousand 778 houses were sold to foreigners. House sales to foreigners decreased by 47.9% in March compared to the same month of the previous year and became a thousand 778. House sales to foreigners had 1.7% share in March. İstanbul ranked first with 652 sales to foreigners. The followers of İstanbul were Antalya with 618 house sales and Mersin with 151 house sales to foreigners.
In the January-March period, house sales to foreigners decreased by 48.0% compared to the same period of the previous year and became 5 thousand 685.
House sales were mostly made to Russia citizens according to nationalities. In March, Russia citizens bought 411 houses from Türkiye. The followers of Russia citizens were Iran citizens with 182 house sales, Ukraine citizens with 129 house sales and Iraq citizens with 82 house sales.
Data based on real estate transactions and land registry (18.04.2024)
93 thousand 902 houses were sold in Türkiye. In Türkiye, house sales increased by 17.3% in February compared to the same month of the previous year and became 93 thousand 902. İstanbul had the highest share with 17.4% and 16 thousand 344 house sales. The followers of İstanbul were Ankara with 8 thousand 300 house sales and İzmir with 5 thousand 168 house sales with the share of 8.8% and 5.5% respectively. The provinces with the lowest number of sales were Ardahan with 18, Tunceli with 45, and Bayburt with 51 house sales.
Houses sales decreased by 2.0% in January-February 2024. In January-February period, house sales decreased by 2.0% compared to the same period of the previous year and became 174 thousand 210.
Mortgaged house sales became 8 thousand 827. In Türkiye, mortgaged house sales decreased by 49.1% in February compared to the same month of the previous year and became 8 thousand 827. Mortgaged house sales had 9.4% share of all house sales. In January-February period, mortgaged house sales decreased by 56.1% compared to the same period of the previous year and became 14 thousand 742. 2 thousand 60 of mortgaged house sales in February and 3 thousand 464 of mortgaged house sales in January-February period were first sales.
Other house sales became 85 thousand 75. In Türkiye, other house sales increased by 35.7% in February compared to the same month of the previous year and became 85 thousand 75. Other house sales had 90.6% share of all house sales. In January-February period, other house sales increased by 10.6% compared to the same period of the previous year and became 159 thousand 468.
28 thousand 594 houses were sold for the first time. In Türkiye, first time house sales increased by 21.8% in February compared to the same month of the previous year and became 28 thousand 594. First sales had 30.5% share of all house sales. In January-February period, first time house sales increased by 5.6% compared to the same period of the previous year and became 53 thousand 857.
Second hand house sales became 65 thousand 308. In Türkiye, second hand house sales increased by 15.5% in February compared to the same month of the previous year and became 65 thousand 308. Second hand sales had 69.5% share of all house sales. In January-February period, second hand house sales decreased by 5.0% compared to the same period of the previous year and became 120 thousand 353.
In February, a thousand 846 houses were sold to foreigners. House sales to foreigners decreased by 44.9% in February compared to the same month of the previous year and became a thousand 846. House sales to foreigners had 2.0% share of all house sales in February. İstanbul ranked first with 691 sales to foreigners. The followers of İstanbul were Antalya with 659 house sales and Mersin with 151 house sales to foreigners.
In January-February period, house sales to foreigners decreased by 48.0% compared to the same period of the previous year and became 3 thousand 907.
House sales were mostly made to Russia citizens according to nationalities. In February, Russia citizens bought 395 houses from Türkiye. The followers of Russia citizens were Iran citizens with 200 house sales, Iraq citizens with 112 house sales and Ukraine citizens with 105 house sales.
Data based on real estate transactions and land registry (18.03.2024)
In January 2024, the total number of houses sold in Turkey reached 80,308, marking a 17.8% decrease from the previous year. Istanbul led the sales with 13,423 houses, accounting for 16.7% of the total sales, followed by Ankara with 6,709 sales (8.4% share), and Antalya with 5,250 sales (6.5% share). The least number of sales were recorded in Ardahan with 17, Hakkari with 38, and Bayburt with 40 house sales.
Sales of mortgaged houses fell to 5,915, a 63.5% decrease from last year, representing 7.4% of the total house sales. Of these, 1,404 were first-time sales.
Non-mortgaged house sales stood at 74,393, down 8.7% from the previous year, making up 92.6% of all house sales.
There were 25,263 first-time house sales, a decrease of 8.2% compared to last year, accounting for 31.5% of the total. Meanwhile, second-hand house sales were 55,045, down 21.6%, and constituted 68.5% of all sales.
International buyers purchased 2,061 houses in January, a 50.5% decrease from the previous year, with these sales making up 2.6% of the total. Antalya was the most popular location with 747 sales to foreigners, followed by Istanbul with 710, and Mersin with 211.
The majority of international sales were to citizens from Russia, who bought 555 houses. They were followed by buyers from Iran with 208 sales, Ukraine with 127, and both Iraq and Kazakhstan with 99 sales each.
Data based on real estate transactions and land registry (01.02.2024)
In December 2023, house sales in Türkiye decreased by 33.4% compared to the same month of the previous year, totaling 138,577. Istanbul led with 23,714 house sales, a 17.1% share, followed by Ankara with 11,458 sales (8.3% share), and İzmir with 7,166 sales (5.2% share). The province with the lowest number of sales was Hakkari with 65 house sales.
Throughout 2023, house sales in Türkiye decreased by 17.5% compared to the previous year, totaling 1,225,926 houses. Istanbul had the highest share of house sales with 198,739 (16.2%), followed by Ankara with 114,432 (9.3%) and İzmir with 65,465 (5.3%). The provinces with the lowest number of sales were Ardahan with 426, Hakkari with 501, and Tunceli with 970 house sales.
Mortgaged House Sales in December decreased by 72.3% year-over-year to 6,042, accounting for 4.4% of all sales. Throughout 2023, mortgaged house sales decreased by 36.6% to 177,748.
Other House Sales in December were 132,535, a 28.8% decrease from the previous year, making up 95.6% of total sales. In 2023, these sales decreased by 13.0% to 1,048,178.
First Time House Sales in December were 51,243, down 34.2% from last year, representing 37.0% of all sales. Throughout 2023, first-time sales decreased by 17.5% to 379,542.
Second-Hand House Sales in December totaled 87,334, a 32.9% decrease from the previous year, accounting for 63.0% of all sales. Throughout 2023, second-hand sales decreased by 17.5% to 846,384.
House Sales to Foreigners in December decreased by 67.7% year-over-year to 2,064, representing 1.5% of all sales. Throughout 2023, sales to foreigners decreased by 48.1% to 35,005. Antalya led with 12,702 sales to foreigners, followed by İstanbul with 11,229, and Mersin with 3,016.
Data based on castrate and land registry (15.01.2024)
From January to November 2023, house sales fell by 14.9% compared to the same period last year, totaling 1,087,349.
Mortgaged House Sales in November decreased by 68.5% year-over-year to 5,245, accounting for 5.6% of all sales. From January to November, mortgaged sales dropped by 33.6% to 171,706.
Other House Sales in November were 88,269, a 12.7% decrease from the previous year, making up 94.4% of total sales. In the January-November period, these sales decreased by 10.2% to 915,643.
First Time House Sales in November were 30,472, down 18.5% from last year, representing 32.6% of all sales. From January to November, first-time sales decreased by 14.1% to 328,299.
Second-Hand House Sales in November totaled 63,042, a 21.6% decrease from the previous year, accounting for 67.4% of all sales. From January to November, second-hand sales decreased by 15.2% to 759,050.
House Sales to Foreigners in November decreased by 61.5% year-over-year to 2,342, representing 2.5% of all sales. Antalya led with 790 sales to foreigners, followed by İstanbul with 710, and Mersin with 316.
Data based on castrate and land registry (15.12.2023)
In the January-October period, house sales decreased by 14.3% compared to the same period of the previous year and 993 thousand 835.
Mortgage-financed sales decreased by 58.0% compared to October 2022 at 5,577 and 5.9% total sales share, (October 2022: 12.9%). In the January-October period, mortgaged house sales decreased by 31.2% compared to the same period of the previous year and became 166 thousand 461.
As a result of other real estate sales 88,184 real estate was sold. Other real estate sales decreased by 1.4% compared to October 2022. Other house sales had a 94.1% share of all house sales.
29,230 real estate was sold for the first time (new construction sales). The number of real estates sold for the first time decreased by 10.6% compared to October 2022. Of all real estate sales, the new real estate sales share in Turkey was 31.2% (October 2022: 31.8%).
In the sale of second-hand real estate, a total of 64,531 second-hand houses were sold. Second-hand sales decreased by 7.8% compared to October 2022.
Real estate sales to foreigners in Turkey over the same month of the previous year decreased by 52.9%, real estate sales to foreigners had 2.7% share of all real estate sales in October. Antalya ranked first with 931 sales to foreigners. The followers of Antalya were İstanbul with 758 house sales and Mersin with 294 house sales to foreigners.
Data based on castrate and land registry (15.11.2023)