In October a total of 142,810 properties were sold, 2.5% less than in October 2018. Istanbul took first place with 24,451 transfers and a share of 17,1%, followed by Ankara with 13,978 (9,8%) and Izmir with 9,012 transfers (6,3%).

Mortgage-financed increased ! by 525.1% ! to 50,411 properties. In total 35,3% (in October 2018 the share was 5.5%) of all transfers were financed by mortgages. Istanbul (8,408 properties) has the top position.

Self-financed transfers decreased by 33.3% to 92,399. Istanbul (16,043), Ankara (7,875) and Izmir (5,344) are in the lead.

At 50,181 properties, new construction sales were 32,9% down compared to the same month last year. The sale of newly built properties has a total share of 35,1% of all real estate sales for October 2019 (October 2018: 51,1%). The resale of properties increased by 29,2% to 92,629 properties.

Transfers of real estate to foreign citizens decreased by 31,9% year-on-year. The most popular provinces were again Istanbul, Antalya, Bursa, Ankara and Yalova.