Turkish Statistical Institute announced the house sales statistics for April.

Accordingly, house sales across Turkey decreased by 35.6 percent in April compared to the same month of the previous year, to 85 thousand 652.

Housing sales in the January-April period, on the other hand, decreased by 18.6 percent compared to the same period of the previous year and amounted to 368 thousand 867.


Top sales in Istanbul

In April, Istanbul had the highest share with 13 thousand 944 houses and 16.3 percent in house sales. Istanbul was followed by Ankara with 10 thousand house sales and 11.7 percent share, and Izmir with 4 thousand 960 house sales and 5.8 percent share. The provinces with the lowest number of house sales were Ardahan and Hakkari with 22 houses, and Bayburt with 53 houses, respectively.

Mortgaged house sales across Turkey decreased by 32 percent in April compared to the same month of the previous year and were determined as 21 thousand 769. The share of mortgage sales in total housing sales was recorded as 25.4 percent.

Mortgage sales in the January-April period, on the other hand, decreased by 19.7 percent to 80 thousand 591 compared to the same period of the previous year.

Antalya took the first place on the basis of provinces with 1024 sales in April in housing sales to foreigners. Antalya was followed by Istanbul with 792 sales and Mersin with 186 sales.

In the January-April period, the said sales decreased by 35.1 percent compared to the same period of the previous year and fell to 13 thousand 483.

In April, Russian citizens bought 817 houses from Turkey. Iran with 377 houses, Ukraine with 136 houses and Iraqi citizens with 124 houses followed Russia.


Mortgage sales decreased in April

In Turkey, mortgaged house sales in April decreased by 32 percent compared to the same month of the previous year and became 21 thousand 769. The share of mortgaged sales in total house sales was calculated as 25.4 percent. Mortgage sales in the January-April period, on the other hand, decreased by 19.7 percent to 80 thousand 591 compared to the same period of the previous year.

7 thousand 388 of the mortgaged sales in April and 25 thousand 552 of the mortgaged sales in the January-April period were first hand sales.

The number of other house sales in April decreased by 36.8 percent compared to the same month of the previous year and became 63 thousand 883. The share of other sales in total house sales was determined as 74.6 percent. Other house sales in the January-April period decreased by 18.3 percent compared to the same period of the previous year and decreased to 288 thousand 276.

The number of houses sold for the first time in Turkey decreased by 26 percent in April compared to the same month of the previous year and became 26 thousand 952. The share of the first sale in total house sales was 31.5 percent. In the January-April period, first-hand house sales were recorded as 110 thousand 859 with a decrease of 15.3 percent compared to the same period of the previous year.

Second-hand house sales in Turkey decreased by 39.3 percent in April compared to the same month of the previous year and became 58 thousand 700. The share of second-hand house sales in total house sales was determined as 68.5 percent. Second-hand house sales decreased by 19.9 percent in the January-April period compared to the same period of the previous year, to 258,8.

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