1 million 478 thousand 25 houses were sold across Turkey in 2024
Housing sales across Turkey increased by 20.6% in 2024 compared to the previous year, reaching 1 million 478 thousand 25. The cities with the highest number of house sales were Istanbul with 239 thousand 213, Ankara with 134 thousand 46, and Izmir with 80 thousand 398, while the cities with the lowest number were Ardahan with 755, Hakkari with 958, and Bayburt with 999, respectively.
212.637 houses were sold in December across Turkey
House sales across Turkey increased by 53.4% in December compared to the same month of the previous year, reaching 212.637.
Mortgaged house sales amounted to 23 thousand 277
Mortgaged house sales across Turkey increased by 285.3% in December compared to the same month of the previous year, reaching 23 thousand 277. Mortgaged house sales in 2024 decreased by 10.8% compared to the previous year, reaching 158 thousand 486. The share of mortgaged sales in total house sales was 10.9% in December and 10.7% in 2024.
5 thousand 980 mortgaged house sales in December and 38 thousand 62 in 2024 were first hand.
189 thousand 360 houses changed hands as a result of other types of sales
Other house sales across Turkey increased by 42.9% in December compared to the same month of the previous year, reaching 189 thousand 360. Other housing sales in 2024 increased by 25.9% compared to the previous year, reaching 1.319.539.
The number of first-hand house sales was 76 thousand 629
The number of first-hand house sales across Turkey increased by 49.5% in December compared to the same month of the previous year, reaching 76 thousand 629. First-hand house sales increased by 27.6% in 2024 compared to the previous year, reaching 484 thousand 461. The share of first-hand house sales in total house sales was 36.0% in December and 32.8% in 2024.
136 thousand 8 houses changed hands in second-hand house sales
The number of second-hand house sales across Turkey increased by 55.7% in December compared to the same month of the previous year, reaching 136 thousand 8. Second-hand house sales increased by 17.4% in 2024 compared to the previous year, reaching 993 thousand 564.
23.781 houses were sold to foreigners in 2024
House sales to foreigners decreased by 32.1% in 2024 compared to the previous year, reaching 23.781. The share of house sales to foreigners in total house sales in 2024 was 1.6%. The cities with the highest number of house sales to foreigners in 2024 were Istanbul with 8.416, Antalya with 8.223, and Mersin with 2.112, respectively.
2.418 houses were sold to foreigners in December
House sales to foreigners increased by 17.2% in December compared to the same month of the previous year, reaching 2.418. The share of house sales to foreigners in total house sales in December was 1.1%.
The highest number of housing sales by nationality were made to citizens of the Russian Federation
In 2024, the highest number of housing sales by nationality were made to citizens of the Russian Federation with 4,867, Iranian with 2.166 and Ukrainian with 1.631. In December, the highest number of housing sales were made to citizens of the Russian Federation with 438, Iranian with 239 and Ukrainian with 181, respectively.