The residential sales statistics for August were released today by the Turkish Statistical Institute. According to the announcement, a total of 120 thousand 198 houses were sold in the last month in Turkey.
In residential sales, Istanbul had the highest share with 18,669 residential sales and 15,6 percent. According to the sales figures, 12,630 houses were sold in Ankara, which makes 10,5 percent, 6,838 houses in İzmir, which makes 5,7 percent. The number of residential sales was low in Hakkari with 13 houses respectively, Ardahan with 16 houses and Bayburt with 61 houses.
Residential mortgage sales were 38 thousand 743 in August 2017
In Turkey, mortgaged residential sales increased by 6.3 percent compared to the same month of the previous year and became 38 743. The share of mortgage sales in total housing sales was 32.2 percent. During the mortgage sales, Istanbul received the first order with 6 590 residential sales and 17 percent share. Bilecik was the one with the highest mortgage sales share in total housing sales with 46.9 percent.
As a result of other sales types, 81 thousand 455 houses have changed hands.
Other residential sales in Turkey increased by 4 percent compared to the same month of the previous year and became 81 455. In other housing sales, Istanbul ranked first with 12 percent of 106 residential sales and a share of 14.9 percent. The share of other sales in total housing sales in Istanbul was 64.8 percent.
56 thousand 498 houses were sold for the first time in residential sales
The number of houses sold for the first time increased by 5 percent compared to the same month of the previous year and became 56 498. The first sales share in total housing sales was 47 percent.