Real estate in Turkey: statistics for November
According to the data of the Turkish Statistical Institute for November 2017, in general, 122,732 real estate objects were sold in Turkey.
The first place in the number of sales of real estate is Istanbul, the second place - Ankara.
Mortgage loans are used in 30.4% of sales transactions.
The number of transactions in the secondary housing market exceeds the number of sales in new buildings. Thus, in November 54% of the total number of deals were sold in the secondary market (63 378 secondary housing objects sold). The number of transactions in the primary market is 59,354.
Foreigners in November 2017 sold 2,152 properties, which is 21.4% more than in November 2016. In the first place in terms of the number of sales of real estate to foreigners in Istanbul (728 real estate objects), Antalya (491 deals) takes the second place, Bursa (142 sales) takes the third place.