TURKSTAT - Turkish Statistical Institute

09/15/2020 | Press release | Distributed by Public on 09/15/2020 01:44

House Sales Statistics

In August 2020, 170 thousand 408 houses were sold in Turkey

In Turkey, house sales increased by 54.2% in August 2020 compared to the same month of the previous year and hence, became 170 thousand 408. For the house sales of August 2020, İstanbul had the highest share of house sales with 17.8% and 30 thousand 292 sold house. The followers of İstanbul were Ankara with 17 thousand 131 house sales and İzmir 11 thousand 145 house sales with the share of 10.1% and 6.5% respectively. The least house sold provinces were Hakkari with 13 house sales, Ardahan with 22 house sales and Şırnak with 99 house sales.

Number of house sales, August 2020

Number of house sales, August 2020

In August 2020, 76 thousand 19 ownership of the houses changed by mortgage sales

The mortgaged house sales throughout Turkey became 76 thousand 19 by increasing 122.6% compared to the same month of the previous year. House sales with mortgage had a 44.6% share of all house sales in Turkey. İstanbul has the highest mortgage house sales in Turkey with 15 thousand 367 sales and with the share of 20.2%. The least other house sales was realized in Hakkari with 2 house sales.

Ownership of 94 thousand 389 houses changed by other sales

Other house sales in Turkey became 94 thousand 389 by increasing 23.6% compared to the same month of the previous year. In the other sales, İstanbul was the first province with 14 thousand 925 sales and 15.8% share. Other house sales had 49.3% share of all house sales in İstanbul. Ankara was the second province with 8 thousand 10 sales. Ankara was followed by İzmir with 5 thousand 518 sales. The least other house sales was realized in Hakkari with 11 house sales.

House sales by type of sales, August 2020

In house sales, 52 thousand 123 of houses were sold for the first time

First house sales in Turkey became 52 thousand 123 by increasing 28.3% compared to the same month of the previous year. First house sales had 30.6% share of all house sales in Turkey. The most first house sales was in İstanbul with 8 thousand 103 sales. İstanbul was the first province in Turkey ranking that had most first house sales share with 15.5%. The followers of İstanbul were Ankara with 3 thousand 891 house sales and İzmir with 3 thousand 193 house sales.

Ownership of 118 thousand 285 houses changed by second hand sales

Second hand house sales in Turkey became 118 thousand 285 by increasing 69.2% compared to the same month of the previous year. In the second hand sales, İstanbul was the first province with 22 thousand 189 sales and 18.8% share. Share of the second hand sales was 73.3% in İstanbul in total house sales. Ankara was the second province with 13 thousand 240 sales and Ankara was followed by İzmir with 7 thousand 952 sales.

House sales by state of sales, August 2020

House sales by type of sales, August 2019-2020 House sales by state of sales, August 2019-2020

Houses sales increased by 42.6% in January-August period

In the January-August period, a million 24 thousand 534 houses were sold and increased by 42.6% compared to the same period of the previous year. In the January-August period, sales of mortgaged houses was 473 thousand 114 and increased by 263.7%, and in other types of sales, it was 551 thousand 420 and decreased by 6.3%. Houses sold for the first time in this period was 317 thousand 832 increasing by 11.2%. Second-hand house sales was 706 thousand 702 and also increased by 63.3%.
In August 2020, 3 thousand 893 houses were sold to foreigners

In house sales to foreigners became 3 thousand 893 by increasing 8.0% compared to the same month of the previous year. İstanbul was the first province with a thousand 648 sales in August 2020. The followers of İstanbul were Antalya with 784 house sales, Ankara with 288 house sales, Mersin with 148 house sales and Yalova with 133 house sales.

House sales to foreigners, August 2020

In January-August period, house sales to foreigners became 20 thousand 896 by decreasing 24.7% compared to the same period of the previous year.

Most house sales were made to Iran citizens according to country nationalities

In August, Iran citizens bought 640 houses from Turkey. The followers of Iran were Iraq with 592 house sales, Russia with 366 house sales, Afghanistan with 156 house sales and Azerbaijan with 154 house sales.

House sales by nationalities in country detail for top 20, August 2020

The next release on this subject will be on October 15, 2020.