June Data for Endeksa: Annual Value Change in Residential Sales 182%

In June, 150 thousand 509 housing sales took place throughout Turkey. Residential sales increased by 23% in June compared to the previous month and 12% compared to the same month of the previous year, up 150 thousand 509. According to the Endeksa data, as of the end of June, the annual value increase in housing sales prices across Turkey was 182%, while the average sales price of residential square meters throughout Turkey 9 thousand 979 TL, the average housing price was 1 million 317 thousand 228 TL, and the return period of housing investment was 17 years.

Istanbul has the largest share

Istanbul had the highest share in residential sales in June with 27,998 housing sales and 19%. According to sales numbers, Istanbul was followed by 13,303 housing sales, Ankara with 9% share, and Izmir with 8 thousand 243 housing sales and 5% share. According to the index data, as of the end of June, the value increase in housing sales prices in Istanbul by 232%, the average sales price of a square meter of housing is 17 thousand 496 TL, the average housing price is 2 million 99 thousand 520 While in TL, housing prices in Ankara increased 169% in the last one year, the average housing square meter sales price is 7,000 354 TL, the average housing price is 970 thousand 728 TL, and the annual value increase in Izmir is 172%, The average housing square meter sales price was 12 thousand 742 TL, the average housing price was 1 million 656 thousand 460 TL.

The most value increase is in Istanbul, Antalya and Mersin

According to Endeksa data, Istanbul, Antalya and Mersin, respectively, were the provinces with the highest annual value growth when evaluating the first 30 provinces with the highest housing sales in June. Housing prices in Antalya increased by 225% in the last year, the average sales price of square meters of housing is 14 thousand 894 TL, the average housing sales price is 1 million 936 thousand 220 TL. Annual value increase in Istanbul by 232%, average housing square meter sales price 17 thousand 496 TL, average housing price 2 million 99 thousand 520 TL, annual value increase in Mersin 224%, average housing square meter sales price 8 thousand 933 TL, average housing sales price 1 million 339 thousand 950 TL.

Mortgage housing sales increased 41%

Mortgage housing sales across Turkey were 40,610 in June, a decrease of 38% compared to the previous month, an increase of 41% compared to the same month of the previous year. In total residential sales, the share of mortgage sales amounted to 27%. Sales of mortgage housing in January-June period increased by 64% compared to the same period of the previous year, 170 thousand 317.

The number of first-hand residential sales was 44 thousand 732

The number of first hand residential sales across Turkey increased by 12% in June compared to the same month of the previous year to 44 thousand 732. In total housing sales, the share of first hand housing sales was 30%. First-hand housing sales in January-June period amounted to 208 thousand 451, an increase of 24% compared to the same period of the previous year. Second-hand housing sales increased 12% in June compared to the same month of the previous year, amounting to 105,777 thousand 777. In total housing sales, the share of second-hand housing sales was 70%. Second-hand housing sales in January-June period amounted to 517 thousand 947, an increase of 35% compared to the same period of the previous year.

Residential sales to foreigners increased 82%

Residential sales to foreigners increased 82% in June compared to the same month of the previous year and amounted to 8,000 630. In June, the share of housing sales to foreigners in total housing sales was 6%. Istanbul took the first place in housing sales to foreigners with the sale of 3 thousand 906 housing. Istanbul was followed by Antalya with the sale of 2 thousand 534 houses, respectively, and Ankara with 276 housing sales.

Evaluating the data, Endeksa Co-Founder and General Manager Görkem Ögüt said, “While the increase in housing sales continues, the share of housing sales to foreigners with a significant jump in total housing sales by 6% ' or remarkable development of the removal. With this increase seasonality and the purchase of housing approaching 2 thousand in June, Russians have a huge impact. Since the Russians peaked in the sale of housing to foreigners for the first time in April, Antalya has shown intense interest in coastal areas, especially Antalya. According to June data, almost every 3 houses sold in Antalya are sold to foreigners. I think this situation has a significant impact on Antalya taking the lead among the provinces where there is the most value increase in housing prices for some time. “spoke in the form of.