House sales decreased by 55.5% in April 2020 in Turkey

In Turkey, house sales decreased by 55.5% in April 2020 compared to the same month of the previous year and hence, became 42 783. For the house sales of April 2020, İstanbul had the highest share of house sales with 14.3% and 6 113 sold house. The followers of İstanbul were Ankara with 4 500 house sales and İzmir 2 533 house sales with the share of 10.5% and 5.9% respectively. The least house sold provinces were Hakkari with 6 house sales, Ardahan with 7 house sales and Bayburt with 20 house sales.

  Number of house sales, April 2020

In April 2020, 17 088 ownership of the houses changed by mortgage sales

The mortgaged house sales throughout Turkey became 17 088 by decreasing 23.9% compared to the same month of the previous year. House sales with mortgage had a 39.9% share of all house sales in Turkey. İstanbul has the highest mortgage house sales in Turkey with 2 451 sales and with the share of 14.3%. The least other house sales was realized in Hakkari with 2 house sales.

Ownership of 25 695 houses changed by other sales

Other house sales in Turkey became 25 695 by decreasing 65.1% compared to the same month of the previous year. In the other sales, İstanbul was the first province with 3 662 sales and 14.3% share. Other house sales had 59.9% share of all house sales in İstanbul. Ankara was the second province with 2 286 sales. Ankara was followed by İzmir with 1 372 sales. The least other house sales was realized in Hakkari with 4 house sales.

   House sales by type of sales, April 2020

In house sales, 14 848 of houses were sold for the first time

First house sales in Turkey became 14 848 by decreasing 60.7% compared to the same month of the previous year. First house sales had 34.7% share of all house sales in Turkey. The most first house sales was in İstanbul with 2 022 sales. İstanbul was the first province in Turkey ranking that had most first house sales share with 13.6%. The followers of İstanbul were Ankara with  1 166  house  sales and  İzmir with 854 house sales.

Ownership of 27 935 houses changed by second hand sales

Second hand house sales in Turkey became 27 935 by decreasing 52.1% compared to the same month of the previous year. In the second hand sales, İstanbul was the first province again with 4 091 sales and 14.6% share. Share of the second hand sales was 66.9% in İstanbul in total house sales. Ankara was the second province with 3 334 sales and Ankara was followed by İzmir with 1 679 sales.

House sales by state of sales, April 2020

House sales by type of sales, April 2019-2020      House sales by state of sales, April 2019-2020
 
Houses sales increased by 8.9% in January-April period

In the January-April period, 383 821 houses were sold and increased by 8.9% compared to the same period of the previous year. In the January-April period, sales of mortgaged houses was 146 387 and increased by 141.4%, and in other types of sales, it was 237 434 and decreased by 18.6%. Houses sold for the first time in this period was 122 280 decreased by 16.0%. Second-hand house sales was 261 541 and also increased by 26.4%.

In April 2020, 790 houses were sold to foreigners

In house sales to foreigners became 790 by decreasing 78.8% compared to the same month of the previous year. İstanbul was the first province with 374 sales in April 2020. The followers of İstanbul were Antalya with 150 house sales, Ankara with 47 house sales, İzmir with 30 house sales and Yalova with 25 house sales.

   House sales for foreigners, April 2020

In January-April period, house sales to foreigners became 11 738 by decreasing 12.0% compared to the same period of the previous year.

Most house sales were made to Iran citizens according to country nationalities

In April, Iran citizens bought 157 houses from Turkey. The followers of Iran were Iraq with 103 house sales, Russia with 61 house sales, Afghanistan with 54 house sales and China with 40 house sales.

      House sales by nationalities in country detail for top 20, April 2020

The next release on this subject will be on June 15, 2020.