House Sales Statistics, July 2022

93 thousand 902 houses were sold in Turkey in July

Housing sales across Turkey 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 is 7 thousand 417

Ankara was followed by housing sales with a share of 7.9%, and ÿzmir with a share of 4 thousand 868 houses and 5.2%. The provinces with the lowest number of house sales were Hakkari and Ardahan with 31 houses, and ÿÿrnak with 49 houses, respectively.

Housing sales increased by 24.2% in the January-July

Housing sales in the January-July period increased by 24.2% compared to the same period of the previous year and amounted to 820 thousand 300.

Mortgage housing sales amounted to 19 thousand 146

Mortgaged house sales across Turkey 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 house 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.

5,580 of the mortgaged sales in July; 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 Turkey decreased by 14.3% in July compared to the same month of the previous year and became 74 thousand 756. Total

The share of other sales in housing sales was 79.6%. Other house sales realized 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 Turkey 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 across Turkey decreased by 13.2% in July compared to the same month of the previous year, to 65 thousand 214

it happened. The share of second-hand house sales in total house 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.

3 thousand 939 houses were sold to foreigners in July 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 is 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.

According to the nationality of the country, the most house sales were made to the citizens of the Russian

Federation. In July, the citizens of the Russian Federation bought 1,288 houses from Turkey. Citizens of the Russian Federation were followed by Iran with 431 residences and Iraqi citizens with 380 residences, respectively.

The publication date of the next newsletter on this subject is September 15, 2022.