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House sales up by 39% in April

House sales up by 39% in April

Residential property sales in Turkey increased 38.8% on an annual basis in April, according to the Turkish Statistical Institute (TurkStat). A total of 133,058 houses changed hands last month, up from 95,863 in April 2021, TurkStat reported. Mortgaged house sales stood at 32,030 last month, up 82.9% year-on-year, accounting for 24.1% share of all house...

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House sales up by 20% in February

House sales up by 20% in February

House sales in Turkey surged 20% year-on-year in February, according to the Turkish Statistical Institute (TurkStat). A total of 97,587 houses changed hands last month, up from 81,222 in February 2021, TurkStat said. Mortgaged house sales stood at 19,888 in February, a 35.6% annual rise, and accounted for 20.4% share of all sales. Sales to...

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Residential property sales up 25.1% in January

Residential property sales up 25.1% in January

Residential property sales increased 25.1% year-on-year in January, according to the Turkish Statistical Institute (TurkStat). A total of 88,306 houses were sold last month, Turkstat said. Istanbul had the highest share with 17.1% or 15,110 house sales, followed by Ankara with 9.3%, or 8,255, and Izmir with 6.2%, or 5,486. Housing sales to foreign buyers...

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House sales to foreigners break a record

House sales to foreigners break a record

House sales to foreigners broke a record and exceed 7,000 for the first time in November, according to the Turkish Statistical Institute (TurkStat). Residential property sales in Turkey increased by 59% to 178,814 in November, compared to the same month of the previous year. Housing sales to foreign buyers rose during the same period, up...