In June, 61,355 properties were sold, 48,6% less than in June 2018. Istanbul took first place with 10,060 transfers and a share of 16,4%, followed by Ankara with 5,430 (8,9%) and Antalya with 3,390 transfers (5,5%).

Mortgage-financed purchases fell by 84,6% to 7,319 properties. In total 11,9% of all transfers were financed by mortgages. Istanbul (1,175 properties) has the top position.

Self-financed transfers also decreased by 24.7% to 54,036. Istanbul (8,885), Ankara (4,569) and Antalya (3,063) are in the lead.

At 23,265 properties, new construction sales were 59,2% down compared to the same month last year. The sale of new build properties has a total share of 37,9% of all real estate sales for June 2019. The resale of properties decreased by 38,9% to 38,090 properties.

Transfers of real estate to foreign citizens increased by 30,5% year-on-year. The most popular provinces were Istanbul, Antalya, Ankara, Bursa and Yalova.

Data based on cadastral and land registry office (status 17.07.2019).