Annual value increase in housing sales prices across Turkey was 29.7%

In June, 134 thousand 731 housing sales took place throughout Turkey. With this unit, housing sales increased by 127.7% compared to the previous month, and compared to the same month last year, decreased by 29.1% and was 134 thousand 731. According to the number of sales, Istanbul has the highest share with 25 thousand 833 housing sales and 19.2%, Istanbul with 13 thousand 401 housing sales and 9.9% share in Ankara, 7 thousand 522 housing sales and 5.6% share in Izmir watched.

Average residential square meter sales price across Turkey 3 thousand 239 TL

According to the current data of technology-oriented real estate valuation platform Indexsa.com, as of the end of June, the annual value increase in housing sales prices across Turkey was 29.7%. The average sales price per square meter of housing throughout Turkey is 3 thousand 239 TL, the average housing price 421 thousand 70 TL. The annual value increase in Istanbul was 23.6%, the average sales price of square meters of housing is 4 thousand 755 TL, average housing price 510 thousand 264 TL. Annual value increase in Ankara 25.2% housing average square meter sales price 2 thousand 483 TL, average housing price 305 thousand 240 TL. In Izmir, the annual value increase is 32.7%, the average sales price of square meters of housing is 4 thousand 306 TL, the average housing price is 497 thousand 250 TL.

Most value increases in Aydın, Muğla and Antalya

According to the Endeksa data, the highest value increase in the provinces where the largest sales of housing in June occurred in Aydın, Muğla and Antalya respectively. Housing prices in Aydın increased by 57.6% in the last year, the average sales price per square meter of housing is 4,000 544 TL, average housing sales price 560 thousand TL. Annual value increase in Muğla 55.9%, average housing square meter sales price 8 thousand 198 TL, average housing sales price 951 thousand 80 TL. Annual value increase in Antalya 44.2%, average housing square meter sales price 4 thousand 12 TL, average housing sales price 454 thousand 375 TL.

The number of housing sold for the first time amounted to 40 thousand 92

The number of housing sold for the first time in June decreased by 31.6% compared to the same month last year and amounted to 40 thousand 92. Loan housing sales dropped 71.5% compared to the same month last year and amounted to 28,878. For the first time, the share of housing sales in total housing sales was 29.8%, while the share of loans in total housing sales was 21.4%.

Sales to foreigners increased by 185.3%

Housing sales to foreigners in June increased by 185.3% compared to the same month of the previous year to 4,000 748. In January-June, housing sales to foreigners increased by 43.7% compared to the same period of the previous year and was 20 thousand 488.

According to January-June period, housing sales were 552 thousand 810 with a 11.5% reduction compared to the same period last year. During this period, loan housing sales decreased by 60.9% to 104 thousand 168, while other types of sales increased by 25.2% to 448 thousand 642; housing sold for the first time decreased by 15.1% by 167 thousand 878, second-hand housing sales 9.9% with the decrease amounted to 384 thousand 932.