In Turkey, 153,014 houses were sold. In Turkey, housing sales increased by 63.6% in November compared to the same month last year, reaching 153,014. The regions with the highest number of housing sales were Istanbul with 26,320, Ankara with 14,916, and Izmir with 8,583. The regions with the fewest sales were Bayburt with 89, Tunceli with 99, and Hakkari with 121.

Housing Sales, November 2024

Housing sales increased by 16.4% from January to November 2024.
For the period January–November, housing sales increased by 16.4% compared to the same period last year, reaching 1,265,388.

Number of Housing Sales, November 2024

Mortgage housing sales amounted to 21,804.
In Turkey, mortgage housing sales increased by 315.7% in November compared to the same month last year, reaching 21,804. Mortgage housing sales accounted for 14.2% of all housing sales. For the period January–November, mortgage housing sales decreased by 21.3% compared to the same period last year, reaching 135,209.

There were 5,213 first-time mortgage housing sales in November and 32,082 for the period January–November 2024.

Other Housing Sales Totaled 131,210

In Turkey, other housing sales increased by 48.6% in November compared to the same month last year, reaching 131,210. Other housing sales accounted for 85.8% of all housing sales. For the period January–November, other housing sales increased by 23.4% compared to the same period last year, reaching 1,130,179.

Housing Sales by Type, November 2024

49,274 houses were sold for the first time.
In Turkey, first-time housing sales increased by 61.7% in November compared to the same month last year, reaching 49,274. First-time sales accounted for 32.2% of all housing sales. For the period January–November, first-time housing sales increased by 24.2% compared to the same period last year, reaching 407,832.

Resale Housing Sales Totaled 103,740

In Turkey, resale housing sales increased by 64.6% in November compared to the same month last year, reaching 103,740. Resale housing sales accounted for 67.8% of all housing sales. For the period January–November, resale housing sales increased by 13.0% compared to the same period last year, reaching 857,556.

Housing Sales by Region, November 2024

In November, 2,151 houses were sold to foreigners.
Housing sales to foreigners decreased by 8.2% in November compared to the same month last year, reaching 2,151. Housing sales to foreigners accounted for 1.4% of all housing sales in November. The regions with the highest number of housing sales to foreigners were Istanbul with 780, Antalya with 752, and Mersin with 191.

Housing Sales to Foreigners, November 2024

For the period January–November, housing sales to foreigners decreased by 35.1% compared to the same period last year, reaching 21,363.

Housing Sales Primarily Made by Russian Citizens by Nationality

In November, the highest number of housing sales by nationality were by citizens of Russia – 421, Iran – 200, and Ukraine – 160.

Data is based on real estate transactions and the cadastre (30.11.2024)