Turkish Statistical Institute (TurkStat) announced that house sales for June decreased by 5.2 percent y-o-y to 79,313 units.
According to the house sales statistics released by TurkStat, mortgaged sales decreased by 49.4 percent to 6,813 units in June.
House sales to foreigners decreased by 45.1 percent to 1,440 units in June compared to the same month of the previous year. The highest number of house sales was made to Russian Federation citizens with 332 units. Iran followed Russia with 156 houses and Ukraine with 102 houses.
In the January-June period, total house sales decreased by 3.7 percent to 545,074, and mortgaged sales decreased by 57.7 percent to 51,415. Sales to foreigners also decreased by 45.7 percent to 10,461 in the first six months.