Housing prices across Turkey increased by 29.6% over the last year.

Housing sales in Istanbul in October It had 22,270 housing sales and the highest share with 18.6%. merchandising According to the number of 10 thousand 624 housing sales in Istanbul and Ankara with a share of 8.9%, 6 A thousand 846 housing sales and 5.7% share followed by Izmir.

Housing sales prices increased by an average of 29.6%

Technology Oriented Real Estate Valuation and Location Analysis Platform Indexsa.com according to the data of the end of October reputation With an average of 29.6% increase in housing sales prices across Turkey over the last 1 year showed and the sale price of the average housing square meter is 2 thousand 728 TL, the average housing The price was 354 thousand 640 TL, while the return period of housing investment was 19 years.

Sales to foreigners rose 23.1%

Housing sales to foreigners are a 0.2% decline compared to the previous month, up 23.1% compared to the same month last year It was 5 thousand 258. Housing sales to foreigners in January-October period is a decreased by 13.2% compared to the same period of the previous year and was 31 thousand 423.

Evaluating October data, Founder Partner and General Manager of Indexsa.com Görkem Öğüt, “Attractive housing loan campaign in June change of conditions and meet housing demand during the campaign period We were expecting this decline. Consider the 10 months of 2020 When we have it, there is an increase of 27.0% compared to last year. Zero of increment It seems to be in second-hand dwellings rather than dwellings. April due to the pandemic and the real estate sector, which has fallen in May, has recovered, and 2020 we can say that it will close the year above last year. October 2018 Housing sales values starting to fall in the month of October 2019 to increase we see that it started. This increase continued in 2020. Residential sales the increase in prices is due to the increase in prices that have fallen for some time and We can also attribute the formation of new housing demands under the influence of the pandemic.” He said.

1 million 280 thousand 852 housing sold

Total in January-October 2020 Sales of 1 million 280 thousand 852 housing amounted. This figure is the same as last year 27.0% higher than the period. The sale of mortgage housing in January-October period passed increased by 124.2% in the same period of the year to 534 thousand 256, in other sales types while decreased by 3.0%, it was 746 thousand 596. Residences sold for the first time during this period 2.3% increased from 396 thousand to 184 thousand. Used housing sales increased by 42.5% to 884 thousand It happened 668.

Increase in value most in İzmir

3 provinces with maximum sales of housing İzmir was the highest housing value increase in the province. Housing in Istanbul sales price increase rate 18.7%, average housing square meter sales price 4 thousand 69 TL, average housing price 459 thousand 797 TL, return time for housing investment is 22 years. Housing sales price increase in Ankara 22.4%, average housing The sale price per square meter is 2 thousand 104 TL, the average housing price is 4275 thousand 624 TL, The return period of housing investment is 17 years. Housing sales price in İzmir increase rate of 24.5%, average housing square meter sales price 3 thousand 494 TL, average The price of housing is 436 thousand 750 TL, while the return period of housing investment is 21 years.

25 thousand 566 mortgage housing sales took place

If mortgage housing sales in October decreased by 28.1% compared to the previous month and 49.3% compared to the same month last year The 2nd hand housing sales were 13.4% compared to the previous month, last the month of the year decreased by 10.8% compared to the month, it was 82 thousand 598 in October 2nd hand housing sales accounted for 69.1% of total sales, mortgage sales - 21.4% created.