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Real Estate Sales across Turkey
Increase in August 2022

Turkish real estate sales increased in August 2022 compared to the last month with 123,491 sales transactions made throughout Turkey.

 

Housing sales across Turkey decreased by 12.7% in August 2022 compared to the same month of 2021 and amounted to 123,491 houses.

 

According to the TUIK figures, the megacity of Istanbul had the highest share in the real estate sales with 18,485 house sales and 15.0% share.

Again, according to the officially announced data, the megacity Istanbul was followed by the capital Ankara with 9,736 house sales and 7.9% share, and Izmir with 6,395 house sales and 5.2% share.

According to the highly anticipated data, the cities with the lowest number of house sales were, respectively Hakkari with 41 houses sale, Ardahan with 63 houses and Bayburt with 101 houses sale.

 

 

The Number of Newly Built Turkish Real Estate Sales was 39,025

 

According to the highly anticipated data, the number of newly built housing sales in Turkey decreased by 8.5% in August 2022 compared to the same month of 2021 and was 39,025 houses.

According to the officially announced data, the share of new house sales in total house sales was 31.6%.,

 

84,4666 Resale Houses Sold in August 2022

 

Resale real estate sales across the country decreased by 14.5% in August 2022 compared to the same month of 2021 and became 84,466 houses. The share of resale house sales in total real estate sales in Turkey was 68.4% share.

 

5,273 Real Estate were Sold to Foreigners in August

 

Turkish real estate sales to foreigners decreased by 10.1% in August 2022 compared to the same month of 2021 and amounted to 5,273 houses. In August 2022, the share of house sales to foreigners in total house sales was 4.3% share. Antalya, the magnificent city in Turkey took first place in housing sales to foreigners with sales of 1,814 houses sales.  Antalya, the favorite place of holidaymakers was followed by the megacity of Istanbul, with 1,750 houses, and Mersin with 314 sales.

 

Most Real Estate Sales were made to the citizens of the Russian Federation

 

In August 2022, the citizens of the Russian Federation purchased a total of 1,238 real estates in Turkey. According to the officially announced data, Russian citizens were followed by Iran citizens with 633 houses and Irak citizens with 417 houses.

 

 

 

2 Million 118 Thousand Real Estates were Sold in 9 Months in Turkey

 

In the January-September period of 2021, 2 million 118 thousand 963 real estate sales transactions were made throughout Turkey, and 14 billion 483 million 486 thousand 736 Turkish Liras title deed fee income was obtained.

 

According to the information obtained by the AA reporter from the Ministry of Environment and Urbanization General Directorate of Land Registry and Cadastre, 316,818 Turkey real estate sales transactions were made in September 2021.

 

307 thousand 980 real estate sales transactions in August 2021 and the number of real estates sales transactions increased by 2.86% in September compared to August.

 

In September 2021, 2 billion 209 million 892 thousand 290 Turkish Liras title deed fee income was obtained from these sales transactions.

 

The Province with the Most Real Estate Sales Transactions is Istanbul!

 

2 million 118 thousand 963 real estate sales transactions were made throughout Turkey in the January-September period of 2021. 14 billion 483 million 486 thousand 736 Turkish Liras were obtained from the title deed fee income of these transactions.

 

Of these transactions, 919 thousand 972 were housing units, 375 thousand 986 lands, 573 thousand 982 fields, 93 thousand 649 offices and commercial units and the rest were other immovable types.

 

Among the provinces with the most real estate sales transactions, Istanbul took 1st place with 265 thousand 419 sales.

 

Istanbul was followed by Ankara with 141 thousand 698 sales, Izmir with 98 thousand 330 sales, Antalya with 76 thousand 486 sales, Konya with 71 thousand 782 sales, Bursa with 71 thousand 449 sales.

 

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