imtilak logo

Turkish Residential Sales Rise in September 2019

: 2019-10-17 Modified date : 2019-11-04

Turkish Residential Sales Rise in September 2019
+ Font Size -
49 like

According to statistics published by the Turkish Statistical Organization TÜİK, the number of residential units sold throughout Turkey during the month of September 2019 is 146,903 units.

With an increase of 15.4% compared to the same month last year 2018, Istanbul ranked first among the best-selling Turkish residential units by 23,265 units with 15.8% of total sales. Ankara ranked second among the best-selling Turkish residential units with 14,906 residential units, accounting for 10.1% of total sales. Izmir came in third place among the most selling districts of Turkey with 8,830 units, accounting for 6% of total sales. While the least selling of the residential units was the province of Sirnak with the sale of 75 units, and the states of Hakkari and Ardahan with the sale of 19 units each.

Furthermore, Sales of mortgaged residential units in September of this year amounted to 57,811 units, achieving an increase of 410.2% compared to the same month of the last year 2018. With 39.4% of the total sales of residential units in September, Istanbul ranked first among the best-selling Turkish states for mortgaged residential units with sales of 8,719 mortgaged units and 15.1% of total sales of mortgaged units throughout Turkey.

What about residential units sold for the first time?

The number of residential units sold for the first time in September of this year amounted to 51,393, achieving 35% of the total sales of residential units throughout Turkey. Istanbul ranked first among the best-selling Turkish states for the new residential units by selling 8,347 units, or 16.2% of the total sales of residential units sold for the first time, followed by Ankara with sales of 3,921 units sold for the first time, and Izmir by 2887.

Housing units

The sales of used residential units reached 95 thousand and 510 used units. Thus, the first place in the sales of used housing units goes to Istanbul, with the sale of 14 thousand and 918 used units. 15.6% of sales of used housing units throughout Turkey. Ankara came second with 10,985 sales and Izmir with 5,943 used units.

Residential units: foreign sales

House sales to foreigners in September of this year amounted to 4,177 units, where Istanbul achieved the first place among the Turkish states best-selling for foreigners with sales of 924 residential units. Antalya sold 744 residential units and Ankara by the sale of 239 units and 213 Bursa by the sale of units and Yalova by the sale of 141 residential units sold to foreigners.

Considering the nationalities of foreigners who have bought residential units from Turkey, Iraqis have maintained the lead with purchases of 781 housing units. Iranians came second with purchases of 489 residential units; Russians came third with purchases of 248 units, followed by the Saudis in fourth place with purchases of 214 housing units, and the Kuwaitis ranked fifth with purchases of 191 units.

 

Edited by: Imtilak Real Estate ©

Source: NTV

Did you like our topic? You can share it with your friends now!

+ Font Size -

Subscribe To Our Newsletter

to know more about the latest real estate offers


Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them