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Turkish Statistical Institute August 2020 Housing Sales Statistics has been announced. Total house sales in Turkey amounted to 170 thousand 408.

Housing sales across Turkey increased by 54.2% in August 2020 compared to the same month of the previous year and became 170 thousand 408. Istanbul had the highest share in house sales with 30,292 house sales and 17.8%. According to the number of sales, Istanbul was followed by Ankara with 17 thousand 131 house sales and 10.1% share, and İzmir with 11 thousand 145 house sales and 6.5% share. The provinces with the lowest number of house sales were Hakkari with 13 houses, Ardahan with 22 houses and Şırnak with 99 houses, respectively.

Mortgage housing sales amounted to 76 thousand 19 in August 2020

Mortgaged house sales across Turkey increased by 122.6% in August 2020 compared to the same month of the previous year and became 76 thousand 19. The share of mortgaged sales in total house sales was 44.6%. Istanbul took the first place in mortgage sales with 15,367 house sales and a 20.2% share. The province with the lowest mortgaged house sales was Hakkari with 2 houses.

As a result of other sales types, 94,389 houses changed hands.

Other house sales in Turkey in August 2020 increased by 23.6% compared to the same month of the previous year and became 94 thousand 389. In other house sales, Istanbul ranked first with 14,925 house sales and a share of 15.8%. The share of other sales in total house sales in Istanbul was 49.3%. Ankara took the second place with 8 thousand 10 other house sales. İzmir followed Ankara with 5,518 sales. Hakkari was the province with the lowest other house sales with 11 houses.

52 thousand 123 houses were sold for the first time in house sales

The number of houses sold for the first time in Turkey in August 2020 increased by 28.3% compared to the same month of the previous year and became 52 thousand 123. The share of the first sale in total house sales was 30.6%. In the first sales, Istanbul had the highest share with 8,103 house sales and 15.5%, followed by Ankara with 3,891 house sales and Izmir with 3,193 house sales.

118 thousand 285 houses changed hands in second-hand house sales

Second-hand house sales across Turkey increased by 69.2% in August 2020 compared to the same month of the previous year and became 118 thousand 285. In second-hand house sales, Istanbul ranked first with 22 thousand 189 houses and a share of 18.8%. The share of second-hand sales in total house sales in Istanbul was 73.3%. Ankara took the second place with the sales of 13 thousand 240 houses. İzmir followed Ankara with 7 thousand 952 house sales.

Housing sales increased by 42.6% in the January-August period

In the January-August period, 1 million 24 thousand 534 houses were sold, increasing by 42.6% compared to the same period of the previous year. In the January-August period, mortgaged house sales increased by 263.7% to 473 thousand 114, while in other sales types it decreased by 6.3% to 551 thousand 420. In this period, the houses sold for the first time increased by 11.2% and became 317 thousand 832. Second-hand house sales increased by 63.3% to 706 thousand 702.

3 thousand 893 houses were sold to foreigners in August 2020

Housing sales to foreigners increased by 8.0% compared to the same month of the previous year and became 3 thousand 893. In the housing sales to foreigners, Istanbul took the first place in August 2020 with the sales of 1,648 houses. Antalya was followed by Antalya with 784 house sales, Ankara with 288 house sales, Mersin with 148 house sales and Yalova with 133 house sales, respectively. Housing sales to foreigners in the January-August period, on the other hand, decreased by 24.7% compared to the same period of the previous year and became 20 thousand 896. In August, Iranian citizens bought 640 houses from Turkey. Iran was followed by Iraq with 592 houses, Russian Federation with 366 houses, Afghanistan with 156 houses and Azerbaijan with 154 houses.