Housing price increased in 4 major provinces except Ankara

Aylin Daylan, chairman of the Endeksa.com Marketing and Sales Group, who evaluated the real estate data of TURKSTAT in November, examined the change in value in the provinces where the most houses were sold in 2019, and in November, istanbul, izmir, Antalya and He pointed out that there was an increase in Bursa.

Dalylan underlined that the increase in these provinces constitutes an increase of 0.09 percent in the average of house prices throughout Turkey, the average house price of 2,251 TL per square meter in Turkey, the average house price of TL 288,128, 1.292 TL of rent, the return period of housing investment is 17 years, he said.

According to the Turkish Statistical Institute (TURKSTAT), 138,372 houses were sold throughout Turkey in November. With this figure, housing sales decreased by 3 percent compared to last month, while the same month of the previous year increased by 54 percent. In November, the share of mortgage dwelling sales in total housing sales was 32 percent, while the share of initial sales was 35 percent.

As of the end of November, a total of 1,146,655 houses were sold in 2019. This figure is 7 percent lower than in the same period last year. In 2019, mortgage sales accounted for 25 percent of total housing sales; initial sales accounted for 38 per cent of the total. Mortgage sales increased by 5 percent compared to the same period last year, while initial sales decreased by 25 percent.

RISING HOUSING PRICES IN ISTANBUL FALL IN ANKARA

Endeksa.com Marketing and Sales Group Chairman Aylin Daylan's data valuation on housing sales in Istanbul and Ankara reads: "In Istanbul, where 17 percent of housing sales in 2019 took place, house prices increased by 0.06 percent in November. he showed it. The average sale price per square meter of housing in Istanbul is TL 3,573, the average house price is TL 410,895, the average rent is TL 1,498, and the return period of housing investment is 22 years. In Ankara, where 10 percent of housing sales took place, house prices fell by 0.06 percent. The average sale price per square meter of housing in Ankara is TL 1,784, the average house price is TL 231,920, the average rent is TL 1,176, and the return period of housing investment is 17 years."

ANTALYA'S SALES SHARE IS 5%

6 percent of housing sales in 2019 for Izmir, "In November, the average house price of housing square meters in Izmir where house prices increased by 0.21 percent TL 2,880, the average house price 345,600 TL, the average rent 1,452 TL, housing the return period of the investment is 20 years, "he said. Daylan's assessment of antalya and Bursa data is as follows: "Antalya's share of 2019 housing sales units is 5 percent. In November, house sales prices in Antalya increased by 0.4 percent. The average house sale price per square meter is TL 2,266, the average house price is TL 271,920, the average rent is TL 1,386. The return period for housing investment is 16 years. In Bursa, where 4 percent of housing sales took place, house prices increased by 0.02 percent. The average sale price per square meter of housing in Bursa is TL 1,206, the average house price is TL 280,125, the average rent is TL 1,176, and the return period of housing investment is 19 years."

HOUSING SALES TO FOREIGNERS INCREASED BY 14 PERCENT COMPARED TO LAST YEAR

Meanwhile, according to November data, iraq, Iran, the Russian Federation, Afghanistan and Saudi Arabia replaced the ranking of the highest-selling foreign nationality. Housing sales to foreigners decreased by 15 percent compared to the same month of the previous year to 3,988. Housing sales to foreigners increased by 14 percent in 11 months of 2019 compared to the same period last year. Istanbul, Antalya, Ankara, Bursa and Yalova were the provinces with the highest number of housing sales to foreigners in November.