According to the data of TUIK, the most housing sale in the first 8 months of 2020 was made in Istanbul Esenyurt district; 23 thousand 79 houses were sold in Esenyurt. Esenyurt was followed by Ankara Cankaya with 18 thousand 978 sold houses, Ankara Kecioren with 18 thousand 100, Ankara Mamak with 14 thousand 381, Ankara Etimesgut with 13 thousand 630, Antalya Kepez with 13 thousand 618, Ankara Yenimahalle with 13 thousand 559, Bursa Nilufer with 12 thousand 585, Konya Selcuklu with 10 thousand 720, and Gaziantep Sahinbey with 10 thousand 488.
Other top 20 most house selling districts are ranked as Sincan with 10 thousand 373 sales, Gaziantep Sehitkamil with 10 thousand 270, Pendik with 9 thousand 459, Kayseri Melikgazi with 9 thousand 405, Beylikduzu with 9 thousand 170, Antalya Muratpasa with 9 thousand 5, Ankara Altindag with 8 thousand 972, Sancaktepe with 8 thousand 770, Eskisehir Tepebasi with 8 thousand 740 provinces and Buca with 8 thousand 289.
7 districts from Ankara, 4 from Istanbul, 2 from Antalya and Gaziantep, 1 from Izmir, Kayseri, Eskisehir, Konya and Bursa entered the top 20 house selling districts in the Jan-Aug period list.
The most increase in housing sales numbers was seen in Etismesgut
The district with the highest increase in housing sales in the 8-month period was Etimesgut with 126 percent. The number of sales in this district increased from 6 thousand 70 to 13 thousand 630. Etimesgut was followed by Umraniye with 90 percent increase and 8 thousand 104 sales, Cankaya, Diyarbakir and Yenisehir with 84 percent increase, Tekirdag Corlu with 82 percent increase and 6 thousand 319 sales, Izmir Menemen with 80.1 percent increase and 4 thousand 299 sales, Izmir Bayrakli with 80 percent increase and 3 thousand 96 sales, Cekmekoy with 76 percent increase and 5 thousand 677 sales, Mersin Toroslar with 75 percent increase and 3 thousand 561 sales and Ankara Yenimahalle with 74 percent increase.
Top 20 districts with the highest increase in housing sales in the 8-month period are ranked as Adana Seyhan 72 percent increase, Izmir Cigli 71 percent, Kecioren 70 percent, Izmir Bornova, Arnavutkoy and Afyonkarahisar 67 percent, Edirne and Beykoz 66 percent, Kocaeli Darica 65 percent and Tekirdag Çerkezkoy 64 percent.
‘’Low interest rates increased the demand in housings located in Anatolia.’’
Gokhan Tas, the regional president of Coldwell Banker Turkey said:
‘’Only 1 district of Istanbul was ranked in the top 10 most house selling districts in the 8-month period list and 3 districts of Istanbul were ranked in the top 20 list. On the other hand, 7 districts of Ankara were ranked in the top 20 list.
In fact, when we look at the top 20 list, we can see that the low interest campaign captured the attention of Anatolian cities and the demand of cities that are slightly more equal in income distribution was more. Currently, the increase in housing loan interest rates will slow down the housing sales somewhat, but as it is understood from the demands of the districts; we can predict that housing sales will approach 1.5 million in total this year. “
“Real estate is no longer a dead capital.”
Kurtulus Altun, the CEO of Real Estate Exchange Inc. (GABORAS) stated that the low interest rates encouraged the increase in the housing sales and said:
‘’When we look at the rates, we see that Istanbul, Ankara and Izmir stand out in terms of both the number of house sales and the increase in the sale percentage. People do not give up on metropolitan cities as an investment tool; but now they go to places where they can be in touch with nature to live. In this sense, the pandemic has enabled real estates to be recovered from being dead capital and used as an investment tool. “
‘’We focused on housing sales in Anatolian districts.’’
Aydin Ozkan, the deputy general manager of FuzulEv said:
‘’ There were serious housing sales in districts outside Istanbul in 8-month period, we increased the number of our branches in these cities. We focused on the Anatoli regions with the high demand.
As a matter of fact, the demand to buy a house without interest has increased significantly in Anatolia. Loans were used in only 25 percent of 1 million 350 thousand houses sold last year. In the interest-free financing system, financing can be provided for the entire housing price. This captures the attention. Especially Intense interest in housing purchases in recent years as an alternative instrument system of interest-free financing received from the total housing sales share of almost 15 percent in Turkey. Interest-free financing system, which attracts great attention as an alternative instrument especially in housing purchases approached 15 percent share in total housing sales in recent years.’’
source: AA / translated by Melisa Karayusufoglu