In Turkiye, 93 thousand 902 houses were sold in July. The number of houses sold in July decreased by 12.9% compared to the same month of the previous year.
Turkish Statistical Institute (TUIK) announced the house sales statistics for July.
Accordingly, house sales in Turkiye decreased by 12.9% in July compared to the same month of the previous year and became 93 thousand 902.
Istanbul had the highest share in house sales with 14 thousand 350 houses and 15.3%. According to the number of sales, Istanbul was followed by Ankara with 7 thousand 417 house sales and 7.9% share, and Izmir with 4 thousand 868 house sales and 5.2% share. The provinces with the lowest number of house sales were Hakkari and Ardahan with 31 houses, and Sirnak with 49 houses, respectively.
Housing sales in the January-July period amounted to 820 thousand 300 with an increase of 24.2% compared to the same period of the previous year.
Mortgage housing sales amounted to 19 thousand 146
Mortgaged house sales in Turkiye decreased by 6.8% in July compared to the same month of the previous year and became 19,146. The share of mortgaged sales in total housing sales was 20.4%. Mortgaged house sales in the January-July period, on the other hand, increased by 51.9% compared to the same period of the previous year and became 189 thousand 463.
5 thousand 580 of the mortgaged sales in July and 48 thousand 694 of the mortgaged sales in the January-July period were first-hand sales.
As a result of other sales types, 74 thousand 756 houses changed hands
Other house sales in Turkiye decreased by 14.3% in July compared to the same month of the previous year and became 74 thousand 756. The share of other sales in total house sales was 79.6%. Other house sales in the January-July period, on the other hand, increased by 17.7% compared to the same period of the previous year and became 630 thousand 837.
The number of first-hand housing sales was 28 thousand 688
The number of first-hand house sales in Turkiye decreased by 12.2% in July compared to the same month of the previous year and became 28 thousand 688. The share of first-hand house sales in total house sales was 30.6%. In the January-July period, first-hand house sales increased by 18.2% compared to the same period of the previous year and amounted to 237 thousand 139.
65,214 houses changed hands in second-hand house sales
Second-hand house sales in Turkiye decreased by 13.2% in July compared to the same month of the previous year and became 65 thousand 214. The share of second-hand housing sales in total housing sales was 69.4%. Second-hand house sales in the January-July period increased by 26.8% compared to the same period of the previous year and amounted to 583 thousand 161.
Housing sales to foreigners decreased by 12.4%
Housing sales to foreigners decreased by 12.4% in July compared to the same month of the previous year and became 3 thousand 939. In July, the share of house sales to foreigners in total house sales was 4.2%.
Antalya took the first place in house sales to foreigners with the sales of 1,421 houses. Antalya was followed by Istanbul with 1,154 house sales and Mersin with 289 house sales, respectively.
In the January-July period, house sales to foreigners increased by 57.4% compared to the same period of the previous year and became 39 thousand 322.
In July, citizens of the Russian Federation bought 1,288 houses from Turkiye. Citizens of the Russian Federation were followed by Iran with 431 residences and Iraqi citizens with 380 residences, respectively.
Source: Trthaber / Translated by Irem Yildiz