House Sales Statistics January 2023

House Sales Statistics, January 2023

97 thousand 708 houses were sold in Türkiye

House sales, January 2023

Number of house sales, January 2023

Mortgaged house sales became 16 thousand 203

In Türkiye, mortgaged house sales decreased by 10.9% in January compared to the same month of the previous year and became 16 thousand 203. Mortgaged house sales had 16.6% share of all house sales. 4 thousand 260 of the mortgaged house sales in January were the first sales.

Other house sales became 81 thousand 505

In Türkiye, other house sales increased by 16.2% in January compared to the same month of the previous year and became 81 thousand 505. Other house sales had 83.4% share of all house sales.

27 thousand 532 houses were sold for the first time

In Türkiye, first time house sales increased by 1.2% in January compared to the same month of the previous year and became 27 thousand 532. First sales had 28.2% share of all house sales.

Second hand house sales became 70 thousand 176

In Türkiye, second hand house sales increased by 14.8% in January compared to the same month of the previous year and became 70 thousand 176. Second hand sales had 71.8% share of all house sales.

House sales by state, January 2023

In January, 4 thousand 161 houses were sold to foreigners

House sales to foreigners decreased by 0.6% in January compared to the same month of the previous year and became 4 thousand 161. House sales to foreigners had 4.3% share of all house sales in January. Antalya ranked first with a thousand 592 sales to foreigners. The followers of Antalya were İstanbul with a thousand 380 house sales and Mersin with 331 house sales to foreigners.

House sales to foreigners, January 2023

House sales were mostly made to Russia citizens according to nationalities

In January, Russia citizens bought a thousand 557 houses from Türkiye. The followers of Russia citizens were Iran citizens with 526 house sales, Iraq citizens with 229 house sales and Ukraine citizens with 157 house sales.

House sales by nationalities for top 20, January 2023

Analysis

In January 2023, house sales in Türkiye increased by 10.6% compared to the same month of the previous year, with a total of 97,708 house sales. Istanbul had the highest share with 17,415 sales, followed by Ankara with 8,808 sales and Antalya with 5,572 sales. Mortgaged house sales decreased by 10.9%, while other house sales increased by 16.2%, making up 83.4% of all house sales. Second-hand house sales were more prevalent than first-time house sales, and most house sales to foreigners were made to Russian citizens. These statistics indicate a healthy real estate market in Türkiye, with increasing demand for housing and a diverse range of buyers.

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Reference: https://www.tuik.gov.tr

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