Turkey Statistical Institute (TSI) every month regularly published in housing sales statistics according to 2019 in September sold housing numbers increased by 15.4 percent compared to the same month last year in Turkey 146.903 units, while in the first nine months of total home sales 865.473.
4.177 units sold to foreigners in September, while the first 9 months of the year, the number of housing purchased by foreigners rose to 31.925’e.
September 2019 housing sales in Istanbul
The number of residential sales in Istanbul in September 2019 increased by 15.08 percent compared to the same period of the previous year, to 23,256. 8.719 (37.48 percent) of the houses sold in September were recorded as mortgaged sales expressing the purchase by using a bank housing loan.
8.347 of the houses sold (35.88 percent) as new housing, 14.918 (64.12 percent) in the second hand took place as home sales.
Turkey share in sales of the houses sold in September was 15.84 percent in Istanbul.
Housing sales volume in Istanbul between January and September 2019
In the first nine months of 2019, the number of houses sold in Istanbul decreased by 9.93 percent compared to the same period of the previous year, to 147.983. Nine-month period sold 29.091’de houses (19.66 percent) bank loans were used.
60.127 of the houses as new housing (40.63 percent), 87.856 (59.37 percent) were sold as second hand.
Turkey share in sales of the houses sold in the first 9 months in Istanbul was 17.10 percent.
Foreign purchases in Istanbul
In September, the number of houses purchased by foreigners in Istanbul was 1924 (46.06 percent share of the houses sold to foreigners). In September, Istanbul ranked first among the top 10 cities where foreigners bought the most housing.
In the first nine months of 2019, the number of houses purchased by foreigners in Istanbul was 14,279 (44.73 percent). Istanbul took the first place among the top 10 cities where foreigners bought the most housing between January and September.
