The Information Source of Turkey
RELEASE DATE: 14 June 2021
Data Dissemination Group
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No: 37469 14 June 2021 Hrs: 10:00
House Sales Statistics, May 2021
In May, 59 thousand 166 houses were sold in Turkey
In Turkey, house sales increased by 16.2% in May 2021 compared to the same month of the previous year and became 59 thousand 166. İstanbul had the highest share with 19.2% and 11 thousand 356 house sales. The followers of İstanbul were Ankara with 5 thousand 653 house sales and İzmir with 3 thousand 298 house sales with the share of 9.6% and 5.6% respectively. The provinces where the lowest number of sales were Ardahan with 7, Hakkari with 11 and Bayburt with 26 house sales.
House sales, May 2021
Number of house sales, May 2021
10 thousand 560 ownership of the houses changed by mortgaged sales
The mortgaged house sales in Turkey became 10 thousand 560 by decreasing 42.9% compared to the same month of the previous year. House sales with mortgage had 17.8% share of all house sales. İstanbul had the highest share with 20.9% and 2 thousand 210 mortgaged sales. Ardahan had the lowest number of mortgaged sales with 1 house sales. Mortgaged sale did not realize in Hakkari and Şırnak.
Ownership of 48 thousand 606 houses changed by other sales
Other house sales in Turkey became 48 thousand 606 by increasing 49.8% compared to the same month of the previous year. In the other sales, İstanbul was the first province with 9 thousand 146 sales and 18.8% share. Other house sales had 80.5% share of all house sales in İstanbul. Ankara was the second province with 4 thousand 277 sales. Ankara was followed by İzmir with 2 thousand 560 sales. The province where the lowest number of other sales was Ardahan with 6 sales.
House sales by type of sales, May 2021
18 thousand 204 houses were sold for the first time
First time sales in Turkey became 18 thousand 204 by increasing 8.0% compared to the same month of the previous year. First time sales had 30.8% share of all house sales in Turkey. The highest number of first time sales was in İstanbul with 3 thousand 153 sales and share with 17.3%. The followers of İstanbul were Ankara with a thousand 156 house sales and İzmir with 858 house sales.
Ownership of 40 thousand 962 houses changed by second hand sales
Second hand house sales in Turkey became 40 thousand 962 by increasing 20.2% compared to the same month of the previous year. In the second hand sales, İstanbul was the first province with 8 thousand 203 sales and 20.0% share. Share of the second hand sales was 72.2% in İstanbul in total house sales. Ankara was the second province with 4 thousand 479 sales and Ankara was followed by İzmir with 2 thousand 440 sales.
House sales by state of sales, May 2021
House sales by type of sales, May 2020-2021 House sales by state of sales, May 2020-2021
Houses sales decreased by 3.8% in January-May period
In the January-May period, 418 thousand 79 houses were sold and decreased by 3.8% compared to the same period of the previous year. Mortgaged sales were 75 thousand 290 and decreased by 54.3%. In other sales, it was 342 thousand 789 and increased by 27.0%. In this period, houses sold for the first time decreased by 8.2% and became 127 thousand 786. Second-hand house sales decreased by 1.8% and became 290 thousand 293.
In May, a thousand 776 houses were sold to foreigners
House sales to foreigners became a thousand 776 by increasing 106.5% compared to the same month of the previous year. İstanbul was the first province with 818 sales to foreigners in May. The followers of İstanbul were Antalya with 341 house sales, Ankara with 106, Mersin with 80 and Sakarya with 75 house sales to foreigners.
House sales to foreigners, May 2021
In January-May period, house sales to foreigners became 15 thousand 740 by increasing 24.9% compared to the same period of the previous year.
Most house sales were made to Iraq citizens according to country nationalities
In May, Iraq citizens bought 239 houses from Turkey. The followers of Iraq citizens were Iran with 231 house sales, Russia with 119, Afghanistan with 98 and Germany citizens with 87 house sales.
House sales by nationalities in country detail for top 20, May 2021
The next release on this subject will be on July 12, 2021.
|House Sales Statistics|
|House sales numbers to foreigners by nationalities|
|House Sales in Detail of First Sale and Second Hand Sale by Provinces and Years|
|House Sales Numbers to Foreigners|
|Other House Sales in Detail of First Sale and Second Hand Sale by Provinces and Years|
|House Sales in Detail of Mortgaged and Other Houses by Provinces and Years|
|Mortgaged House Sales in Detail of First Sale and Second Hand Sale by Provinces and Years|
|House Sales by Provinces and Years|
There is no report for the press release.
In Turkey, houses intended for sale in the details of the house acquisition reasons. As the house acquisition reasons, transactions regarding;
2. House sales with mortgage
3. Assignment of counterpart by apartment
4. Selling of added stock to the main real estate in the ownership by apartments / sharing access by apartments
5. Selling with court rule
6. Assignment by stock through selling
7. Tenure of wards’ properties
8.Selling of simple ownership and third party beneficial occupancy turnover
9. Selling of simple ownership while keeping usufruct
10. Selling to the participatory in joint and stock real estate
are included. All of the sales from person to establishment, from establishment to person, from person to person and from establishment to establishment are included if there are any monetary transaction realized. From the August of 2009, house sales with mortgage have been covered.
Data Sources: The database of General Directorate of Land Registry and Cadastre (GDLRC), Turkey’s National Geographic Information System (TUCBS), is used as the data source.
News bulletin of house selling numbers is published by provinces in every month.