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.

House sales, February 2024

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.

Number of house sales, February 2024

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.

House sales by type, February 2024

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.

House sales by state, February 2024

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.

House sales to foreigners, February 2024

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)