PROPERTY SALES IN TURKEY

PROPERTY SALES IN TURKEY

PROPERTY SALES IN TURKEY - www.istanbul-estate.com

PROPERTY SALES INCREASED BY 54%

The property sales hit 138,372 in November 2019 increasing %54 compared to last year’s number. The number has been increasing since the beginning of the year. Istanbul sold total of 24,924 taking up the biggest slice of the cake with %18. The capital city of Ankara took the second place with 14,406 sales(%10,5). The pearl of Aegean coastal, Izmir sold 8,428 properties taking up %6,1 of the sales country wide.

  • 94,461 HOMES CHANGED HAND

Other property sales all over Turkey has increased 12,1% and reached to 94,461. Istanbul sold 16,741 in this category and took the first place with 17,7%. Other sales took up 67,2% of all the sales within Istanbul.

  • 48.909 HOUSING SOLD FOR THE FIRST TIME

The number of housing sold for the first time in Turkey increased to 48,909 in general. The growth was 19,8% compared to the same month of the previous year. The share of initial sales in total housing sales was 35,3%. Istanbul had the highest share in the first sales with 8,494 house sales and 17,4%.

  • 3,988 HOUSING SOLD TO FOREIGNERS

Housing sales to foreigners decreased by 14.6% to 3.988 compared to the same month of the previous year. In November 2019, Istanbul ranked first in terms of sales to foreigners with 1,885 sales. Istanbul was followed by Antalya with 825 sales, Ankara with 218 sales.

Iraqi citizens bought 575 housing in November. Iraq was followed by Iran with 500 houses, Russia with 300 houses, Afghanistan with 216 houses and Saudi Arabia with 174 houses.

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