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The Number Of Houses Sold In Turkey Last Year Is 1 Million 486 Thousand

The Number Of Houses Sold In Turkey Last Year Is 1 Million 486 Thousand

Housing sales in Turkey decreased by 0.4 percent in 2022 compared to the previous year and decreased to 1 million 485 thousand 622 units. While the highest sales were in Istanbul, the least sales were in Ardahan.

Turkish Statistical Institute announced last year’s December and 2022 house sales statistics. Accordingly, house sales decreased by 0.4 percent in 2022 compared to the previous year and became 1 million 485 thousand 622.

Mortgage Sales Decreased

In the January-December period of 2022, mortgaged house sales decreased by 4.8 percent to 280 thousand 320 units, while other sales types increased by 0.7 percent to 1 million 205 thousand 302. was 81.1 percent of other sales.

Houses Sold In Turkey

ZERO HOUSING SALES ALSO DECREASED

In this period, the houses sold for the first time decreased by 0.3 percent to 460 thousand 79. Second-hand house sales decreased by 0.5 percent to 1 million 25 thousand 543. The share of first-hand housing sales in total housing sales was 31 percent, while the share of second-hand housing sales was 69 percent.

ISTANBUL Ranks 1st in HOUSING SALES

In 2022, Istanbul took the first place in house sales with 259 thousand 654 houses and a share of 17.5 percent. Istanbul was followed by Ankara with 126 thousand 166 house sales and 8.5 percent share, and Izmir with 83 thousand 502 house sales and 5.6 percent share. The least sales were realized in Ardahan with 468 houses.

Houses Sold In Turkey

Houses Sold In Turkey

MINIMUM SALES MADE IN ARDAHAN

Housing sales across Turkey decreased by 8.2 percent last month compared to December 2021 and became 207 thousand 963. Istanbul had the highest share in the month in question, with 36,744 house sales and 17.7 percent. Istanbul was followed by Ankara with 16 thousand 365 house sales and 7.9 percent share, and Antalya with 11 thousand 168 house sales and 5.4 percent share. The province with the lowest house sales was Ardahan with 58 houses.

Gül Demirci

Hello, I am Gul, I write content for Expat Guide Turkey every day. Don't forget to check it out!

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