April 2024 Housing Sales Statistics

Housing Sales Statistics, April 2024

75 thousand 569 houses were sold across Turkey in April

Housing sales across Turkey decreased by 11.8% in April compared to the same month of the previous year, reaching 75 thousand 569. The provinces with the highest number of house sales were Istanbul with 12 thousand 406, Ankara with 6 thousand 272 and Antalya with 4 thousand 427, while the provinces with the lowest number were Ardahan with 18, Hakkari with 35 and Tunceli with 49, respectively.

Housing sale, April 2024

Housing sales decreased by 3.7% in January-April

Housing sales decreased by 3.7% in the January-April period compared to the same period of the previous year, reaching 355 thousand 173.

Number of housing sales, April 2024

Mortgage house sales amounted to 7 thousand 71

Mortgaged house sales across Turkey decreased by 67.5% in April compared to the same month of the previous year, reaching 7 thousand 71. The share of mortgage sales in total housing sales was 9.4%. Mortgaged house sales in the January-April period decreased by 57.0% compared to the same period of the previous year, reaching 34 thousand 693.

Mortgaged sales in April were 1,744'' Mortgaged sales in the January-April period were 8 thousand 313. It was realized as a first hand sale.

As a result of other sales types, 68 thousand 498 houses changed hands

Other housing sales across Turkey increased by 7.2% in April compared to the same month of the previous year, reaching 68 thousand 498. The share of other sales in total housing sales was 90.6%. Other housing sales in the January-April period increased by 11.2% compared to the same period of the previous year, reaching 320 thousand 480.

Housing sales by sales type, April 2024

The number of first-hand house sales was 24 thousand 85

The number of first-hand house sales across Turkey decreased by 10.6% in April compared to the same month of the previous year, reaching 24 thousand 85. The share of first-hand house sales in total house sales was 31.9%. First-hand house sales increased by 1.3% in the January-April period compared to the same period of the previous year, reaching 112 thousand 341.

51 thousand 484 houses changed hands in second-hand house sales

Second-hand house sales across Turkey decreased by 12.3% in April compared to the same month of the previous year, reaching 51 thousand 484. The share of second-hand house sales in total house sales was 68.1%. Second-hand house sales decreased by 5.9% in the January-April period compared to the same period of the previous year, reaching 242 thousand 832.

House sales by sales status, April 2024

1,272 houses were sold to foreigners in April

Housing sales to foreigners decreased by 50.3% in April compared to the same month of the previous year, reaching 1,272. In April, the share of housing sales to foreigners in total housing sales was 1.7%. The provinces with the highest number of house sales to foreigners were Antalya with 454, Istanbul with 407 and Mersin with 149, respectively.

Housing sales to foreigners, April 2024

Housing sales to foreigners decreased by 48.4% in the January-April period compared to the same period of the previous year, reaching 6 thousand 957.

According to country nationalities, the most housing sales were made to citizens of the Russian Federation

In April, the most housing sales by country nationality were made to citizens of the Russian Federation with 293, Iranian citizens with 117 and Ukraine with 91, respectively.

The 10 countries with the most house sales by nationality, April 2024

SOURCE: TUİK