95 Thousand 389 Housing Units Sold in January İncreased!

Turkey Statistical Institute (TURKSTAT) announced housing sales figures for January for the first month of 2017. Housing sales in January totaled 95 thousand 389 units in Turkey.

In Turkey, housing sales in January 2017 increased by 12.8 percent compared to the same month of the previous year and amounted to 95 thousand 389 units. In residential sales, Istanbul was once again ranked as the top selling with 15,700 houses sold and 15,700 houses sold. With 10,668 residential sales and 11,2 percent share, Ankara proved its second place while 5,65 residential sales and 5,9% share were the third highest number of residential sales in İzmir. In January 2017, mortgaged residential sales amounted to 35 thousand 993 units, up by 35.4 percent compared to the same month of the previous year. The share of mortgage sales in total housing sales was 37.7 percent.

House owner/real estate agent giving away the keys - house out of focus

As a result of the other sales types, 59 thousand 396 housing units were changed hands, it increased by 2.5 percent compared to the same month of the previous year and became 59 thousand 396. In other housing sales, Istanbul was the first with 9 535 housing sales and 16.1 percent share. In residential sales, 44 thousand 235 houses were sold for the first time, up by 10.4 percent compared to the same month of the previous year. The first sales share in total housing sales was 46.4%.

51 thousand 154 housing units were sold in second hand sales, up 15 percent compared to the same month of the previous year. In second-hand housing sales, Istanbul was also ranked first with 8,033 residential sales and a share of 15.7 percent.

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    yasemin Written by:

    Yasemin Kılıç yaseminkilic@istanbulinvestments.com

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