In August a total of 110,538 properties were sold, 5,2% more than in August 2018. Istanbul took first place with 15,881 transfers and a share of 14,4%, followed by Ankara with 10,707 (9,7%) and Izmir with 6,025 transfers (5,5%).

Mortgage-financed increased by 168% to 34,148 properties. In total 30,9% (in August 2018 the share was 12.1%) of all transfers were financed by mortgages. Istanbul (4,382 properties) has the top position.

Self-financed transfers decreased by 17.3% to 76,390. Istanbul (11,499), Ankara (6,488) and Izmir (3,802) are in the lead.

At 40,634 properties, new construction sales were 17,7% down compared to the same month last year. The sale of newly built properties has a total share of 36,8% of all real estate sales for August 2019 (August 2018: 46,9%). The resale of properties increased by 25,3% to 69,904 properties.

Transfers of real estate to foreign citizens increased by 46,7% year-on-year. The most popular provinces were Istanbul, Antalya, Ankara, Bursa and Yalova.

Data based on cadastral and land registry office (status 20.09.2019).