146,903 homes sold in September, up 15% from September 2018

Commenting on the Real Estate Data of TURKSTAT in September, Aylin Daylan, chairman of the Endeksa.com Marketing and Sales Group, said, "In September, housing sales increased by 33% compared to the month ahead and 15% higher than the same month a year earlier, reaching 146,903. With this figure, housing sales decreased by 14% in the first 9 months of 2019 compared to the same period last year.

23,265 houses sold in Istanbul

Istanbul took the first place in the number of residential sales with 23,265 residential sales and 16% share. Istanbul was followed by Ankara with 14,906 residential sales and 10% share, 8,830 residential sales and 6% share in Izmir. According to the Endeksa data, the average residential square meter sales price in Istanbul as of the end of September is TL 3,503, the average return period is 22 years, the last 1-year value change minus 12%; The average sale price per square meter of housing in Ankara is TL 1,764, the average return time is 17 years, the last 1-year value change minus 4%; The average housing square meter sales price in Izmir was TL 2,864, the average return period was 20 years and the last 1-year value change was 0.3%.

Number of mortgage dwelling sale 57,393

Looking at the sale of mortgagedwellings throughout Turkey, 57,811 mortgage dwellings were sold in September. Mortgage dwelling sales accounted for 39% of total sales, up 69% from the previous month and 410% higher than the same month a year earlier. In first-hand sales, 51,393 houses were sold in September. In the first 9 months of 2019, the first sales were 337,112, down 28% from the same period last year. In the first 9 months of 2019, the first sales accounted for 39% of total housing sales. This rate was 53% in the first nine months of last year.

Sales to foreigners fell 16%

Housing sales to foreigners increased by 16% compared to the previous month and by 26% compared to the same month last year, reaching 4,177. The sale of housing to foreigners took a 3% share in total sales. Istanbul took first place with a share of 46%, followed by Antalya with 18%, Ankara with 6% and Bursa with 5%. According to the Endeksa data, the price increase in Antalya in the last 1 year was 6%, while in Bursa, house prices decreased by 3% in the last year. According to their nationality in September, Iraq took the first place in housing sales to foreigners with 19%, followed by citizens of Iran with 12%, the Russian Federation with 6%, And Saudi Arabia and Kuwait with 5%.