Turkey Housing Sales Statistics for Years

Knowing Turkey housing sales figures by year means obtaining an important resource for investors. Thanks to Turkey housing sales statistics by year, “In which province is the most residential sale?” , “In what years was the most often sold housing?” or “What are the rates for foreigners to purchase housing in Turkey?” Answers to such questions can be reached. In line with this information, it may be possible to make the investment decision more accurately. So, what about Turkey housing sales statistics by year?

2022 Residential Sales Figures

Those who want to invest, are looking for answers to the question, what about housing sales. Answers to questions such as whether housing sales have increased or increased have a huge impact on the decision to invest. To obtain this information, it is necessary to look at data such as Turkish housing sales statistics by years. Because making an investment decision with generic and non-data-driven interpretations can lead to false results.

At this point, it would be correct to make an analysis based on the sales of residences, according to provincial sales rates and according to the numbers of housing sales to foreigners. The implications made by looking at the housing sales figures of the last decade can make a difference in the investment decision.

• Satış Şekline Göre Yıl Yıl Türkiye Konut Satış Rakamları 

Residential sales forms are divided into second-hand or first-hand sales. Also housing can be sold as a mortgage or in other ways. These characteristics are very important data when it comes to investing. Looking at the patterns of housing sales in Turkey from 2013 to today, we see that buying housing in installments or cash is more preferable than mortgage sales.

Again, when we examine the period from 2013 to June 2022 in terms of housing sales rates, we notice that the sales figures of second-hand housing are higher. Over the years, pre-owned housing sales figures are opening the scissors between first-hand housing sales figures.

For example, in total housing sales in 2013, the sales rate of first-hand housing was 45.7 percent, while the sale of second-hand housing was 54.3 percent. However, in 2021, the first-hand housing sales rate was 30.9, while the total sales ratio of second-hand housing increased and was 69.1 percent. From here, it can be said that the rate of purchase of second-hand housing in Turkey is increasing in the choice of housing.

• İllere Göre Yıl Yıl Konut Satış Rakamları

Which province is the most housing sales in Turkey? Which city is the lowest housing purchase rate in Turkey? It should be noted that here it is important to know the province where the sales rate is highest, rather than the province where the most housing is sold. For this purpose, let's look at a few data:

The largest number of residential sales in Turkey takes place in Istanbul every year, Istanbul is followed by Ankara. After Ankara, Izmir comes.

• A total of 234 thousand 789 housing sales took place in Istanbul in 2013. In the same year, 137 thousand 773 houses were sold in Ankara and 72 thousand 421 in Izmir.

• Istanbul took the first place in 2021 with the sale of 276 thousand 223 units of housing. Similarly, 144 thousand 104 houses were sold in Ankara and 86 thousand 722 units in Izmir.

• Almost every year, the lowest housing sales rate is in Hakkari province. In 2021, 267 housing sales took place in the city.

• Yıllara Göre Yabancılara Yapılan Konut Satış Rakamları

Citizens of different countries also purchase housing from Turkey. Among the reasons for foreigners to buy houses from Turkey, the desire to become Turkish citizens stands out. Because the law excludes Turkish citizenship with real estate investment. On the other hand, the desire to buy a house to use for the holidays is also an effective investment reason. So, how are the figures for sales of housing to foreigners in Turkey?

In 2013, 12 thousand 181 units of housing were taken by non-Turkish citizens. In 2014, this number was 18 thousand 959.

As can be evidenced from the above data, with constantly increasing rates over the years, housing in Turkey has been purchased by foreigners. The number of housing sold to foreigners in Turkey in 2021, 58 thousand It reached 576. The arrangements for obtaining Turkish citizenship through real estate investment are thought to have a large share of this increase.

“Who are foreigners who receive housing from Turkey?” or “Citizens of which countries buy housing in Turkey?” For answers to questions also need to look at the statistics from year to year again. According to data prepared by the Endeksa, among foreigners who buy housing from Turkey, Iraq, Afghanistan, Arabia and Russia have the largest share. In addition, Iran, Russia and Germany have been dominant in the table in recent years.

With the analysis of data from the General Directorate of TÜİK and Land Land Cadastre, the characteristics of foreigners who purchased housing from Turkey in 2022 are as follows: has taken. Citizens of Russia were followed by citizens of Iran, Iraq, Kazakhstan, Germany, Afghanistan and Ukraine, respectively (data belong to the first 6 months of the year). The month in which the most sales occurred was June with 1,887 units.

Have Housing Sales Increased & Housing Sales Drop?

TÜİK and Land Cadastre General Directorate for the first half of 2013 - 2022, housing sales figures in Turkey have risen; although there are declines in 2018 and 2019, this time period in it seems that it is constantly on the rise.

You can browse Endeksa solutions to see different data, such as residential sales statistics, and invest by evaluating data analyzed with artificial intelligence. Endeksa real estate professionals and the individual user by analyzing the data they need in the investment process. It gives the advantage of providing multiple conveniences in one place.

You can find our previous post at https://www.endeksa.com/tr/blog/yazi/rayic-bedel-nedir-ve-rayic-bedel-nasil-hesaplanir link.