Home sales to foreigners in 2022 increased by 15.2 percent and reached 67,490 units.

SHAFAQNA TURKEY – The Turkish Statistical Institute (TUIK) has released home sales statistics for December 2022. Accordingly, home sales in 2022 decreased by 0.4 percent compared to the previous year and amounted to 1,485,622 units. Istanbul had the highest proportion of home sales with 259,654 homes or 17.5 percent. In terms of sales, Istanbul is followed by Ankara with 126,166 house sales and a share of 8.5 percent, as well as Izmir with 83,502 sales and a share of 5.6 percent. The provinces with the fewest houses sold were Ardahan with 468 houses, Hakkari with 910 houses and Bayburt with 956 houses respectively.

Turkey sold 207,963 houses in December

Home sales in Turkey in December decreased by 8.2 percent compared to the same month last year and amounted to 207,963. Istanbul had the highest proportion of home sales with 36,744 houses and 17.7 percent. In terms of sales, Istanbul is followed by Ankara with 16,365 house sales and a 7.9 percent share, and Antalya with 11,168 house sales and a 5.4 percent share. The province with the lowest house sales was Ardahan with 58 houses.

Mortgage housing sales amounted to 21 thousand 796

Mortgage home sales in Turkey in December decreased by 51.8 percent compared to the same month last year and amounted to 21,796 units. On the other hand, mortgage housing sales realized in 2022 decreased by 4.8 percent compared to the previous year and amounted to 280,320 units. The share of mortgage sales in total home sales was 10.5% in December and 18.9% in 2022.

6,971 mortgage sales in December; On the other hand, 77,141 pledged sales in 2022 were first-hand sales.

As a result of other types of sales, 186 thousand 167 houses changed hands.

Other home sales in Turkey increased by 2.7 percent in December compared to the same month last year and amounted to 186 thousand 167. Other home sales in 2022 increased by 0.7 percent compared to the previous year and amounted to 1 million 205 thousand 302 units. The share of other sales in total home sales was 89.5% in December and 81.1% in 2022.

The number of first-hand home sales was 77,889 units.

The number of first hand home sales in Turkey in December increased by 1.5 percent compared to the same month last year and amounted to 77,889. First hand home sales in 2022 decreased by 0.3 percent compared to the same period last year year and amounted to 460 thousand 79 units. The share of first-hand sales in total home sales was 37.5% in December and 31.0% in 2022.

130 thousand 74 houses changed hands in the sale of secondary housing

Sales of existing homes in Turkey in December decreased by 13.1% compared to the same month last year and amounted to 130 thousand 74. Sales of existing homes in 2022 decreased by 0.5 percent compared to the same period of the previous year and amounted to 1 million 25 thousand 543 units. The share of existing home sales in total home sales was 62.5 percent in December and 69.0 percent in 2022.

In 2022, 67,490 houses were sold to foreigners.

Home sales to foreigners increased by 15.2 percent in 2022 compared to the previous year and reached 67,490 units. In 2022, the share of home sales to foreigners in total home sales was 4.5 percent. In 2022, Istanbul ranked first in home sales to foreigners with 24,953 home sales. Antalya is followed by Antalya with 21,860 sales and Mersin with 4,316 sales respectively.

6,386 houses sold to foreigners in December

Sales of housing to foreigners in December 2022 decreased by 18.6 percent compared to the same month last year and amounted to 6,386 units. In December, the share of housing sales to foreigners in the total volume of housing sales amounted to 3.1 percent. In December, Antalya ranked first in home sales to foreigners with 2,465 homes sold. Antalya is followed by Istanbul with 1968 home sales and Mersin with 663 sales respectively.

By nationality, most housing sales were made to citizens of the Russian Federation in 2022.

In 2022, citizens of the Russian Federation bought 16,312 houses in Turkey. The Russian Federation was followed by citizens of Iran with 8,223 places of residence and citizens of Iraq with 6,241 places of residence.

In December, citizens of the Russian Federation bought 2,403 houses in Turkey. Citizens of the Russian Federation are followed by Iran with 675 places of residence and citizens of Iraq with 345 places of residence respectively.

In Turkey, in 2022, women bought 484,654 houses and men 821,132 houses.

In Turkey, in 2022, women owned 484,654 houses with a share of 32.6 percent, men owned 821,132 houses with a share of 55.3 percent, and 24,193 houses were jointly purchased by men and women with a share of 1.6 percent. . PEACE

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