Development of the real estate sector in Turkey in January 2022– Surge In Mortgage Financed Property Sales in Turkey
Mortgage-financed sales increased %69.4 compared to January 2021 at 18,183 and %20,6 total sales share, (January 2021: %15,2 .)
As a result of self-financing transfers 70,123 houses were sold. Self-financing transfers increased by 17.2% compared to January 2021. Other house sales had a 79.4% share of all house sales.
27,203 houses were sold for the first time ( new construction sales ). The number of homes sold for the first time increased %22,2 compared to January 2021. of all home sales new real estate sales share in Turkey %30.8 (January 2021: %31,5 ).
In the sale of second-hand real estate, a total of 61,103 second-hand houses were sold. Second-hand sales increased %26,5 compared to January 2021.
Real estate sales to foreigners in Turkey over the same month of the previous year increased %56.5, House sales to foreigners had 4.7% share of all house sales in January, The most popular cities: Istanbul, Antalya, Ankara.
Data based on castrate and land registry (18.02.2022)