House Sales Statistics in Turkey, May 2023

June 15, 2023
information about Turkey, investment in the Turkish market

House Sales in Turkey.. 113 thousand 276 houses were sold.. In Türkiye, house sales decreased by 7.7% in May compared to the same month of the previous year and became 113 thousand 276.

İstanbul had the highest share with 16.3% and 18 thousand 435 house sales. The followers of İstanbul

were Ankara with 11 thousand 196 house sales and Antalya with 6 thousand 158 house sales with the share of 9.9% and 5.4% respectively.

The provinces with the lowest number of sales were Ardahan with 18, Hakkari with 38, Bayburt and Tunceli with 55 house sales.

House sales in Turkey

House sales decreased by 16.3% in January May 2023.. In January-May period, house sales decreased by 16.3% compared to the same period of the previous year and became 482 thousand 143.

Number of house sales in Turkey, May 2023

Mortgaged house sales became 27 thousand 476.. In Türkiye, mortgaged house sales decreased by 6.3%

in May compared to the same month of the previous year and became 27 thousand 476. Mortgaged house sales had 24.3% share of all house sales.

In January-May period, mortgaged house sales decreased by 16.7% compared to the same period of the previous year and became 108 thousand 67.

9 thousand 249 of mortgaged house sales in May and 34 thousand 801 of mortgaged house sales in January-May period released as first hand sales.

Other house sales became 85 thousand 800

In Türkiye, other house sales decreased by 8.2% in May compared to the same month of the previous year and became 85 thousand 800. Other house sales had 75.7% share of all house sales.

In January-May period, other house sales decreased by 16.2% compared to the same period of the previous year and became 374 thousand 76.

House sales by type in Turkey, May 2023

34 thousand 413 houses were sold for the first time.. In Türkiye, first time house sales increased by 4.7%

in May compared to the same month of the previous year and became 34 thousand 413. First sales had 30.4% share of all house sales.

In January-May period, first time house sales decreased by 11.3% compared to the same period of the previous year and became 145 thousand 272.

Second hand house sales became 78 thousand 863

In Türkiye, second hand house sales decreased by 12.3% in May compared to the same month of the

previous year and became 78 thousand 863. Second hand sales had 69.6% share of all house sales.

In January-May period, second hand house sales decreased by 18.3% compared to the same period of the previous year and became 336 thousand 871.

House sales by state in Turkey, May 2023

In May, 3 thousand 167 houses were sold to foreigners.. House sales to foreigners decreased by 46.9% in May compared to the same month of the previous year and became 3 thousand 167.

House sales to foreigners had 2.8% share of all house sales in May. Antalya ranked first with a thousand 245 sales to foreigners.

The followers of Antalya were İstanbul with 934 house sales and Mersin with 249 house sales to foreigners.