According to the Turkey Statistical Institute (TSI), there was an increase of 2.4 percent in the period of March 2021 compared to the same month of the last year. According to Turkey Statistical Institute data, a total of 4 thousand 285 houses were sold to foreigners in March. The record of real estate sales to foreigners was broken in March 2021.
This increase in housing sales, which experienced a still period due to the pandemic effect last year, is expected to continue rising in other months of this year as well.
Housing sales figures in March of 2021 will not have an overall impact on the figures in the first quarter of this year. An upward trend in Turkey's real estate sales is expected from June 2021.
Real estate sales to foreigners and foreign real estate investors raised by 39.9 percent compared to the same month of the last year and became 4 thousand 285.
In the property sales made to foreigners, Istanbul took first place in March with the sale of 2 thousand 119 housing units. Antalya has respectively followed Istanbul with 889 housing sales, Ankara with 252 property sales, Mersin with 184 house sales and Yalova with 129 housing unit sales.
Iranian real estate investors bought 663 properties from Turkey in March 2021. Iran was respectively followed by Iraq with buying 644 houses, Russian Federation with 419 houses, Afghanistan with 302 houses and Kazakhstan with 166 houses.
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