In July, 102,236 properties were sold, 17,5% less than in July 2018. Istanbul took first place with 17,279 transfers and a share of 16,9%, followed by Ankara with 9,491 (9,3%) and Izmir with 5,576 transfers (5,5%).

Mortgage-financed purchases dropped by 57% to 13,064 properties. In total 12,8% of all transfers were financed by mortgages. Istanbul (2,143 properties) has the top position.

Self-financed transfers also decreased by 4.6% to 89,172. Istanbul (15,133), Ankara (7,914) and Izmir (4,778) are in the lead.

At 38,931 properties, new construction sales were 32,4% down compared to the same month last year. The sale of new build properties has a total share of 38,1% of all real estate sales for June 2019. The resale of properties decreased by 4,5% to 63,305 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 20.08.2019).