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Housing Sales and Mortgage Purchases in Türkiye Increased in June

Konya Yenigün
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Housing Sales and Mortgage Purchases in Türkiye Increased in June
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要点

  • In June, mortgaged housing sales increased by 72.1 percent compared to the same period last year, rising to 25,993 units.
  • While new home sales increased by 23.1 percent annually, second-hand sales recorded a growth of 12.5 percent.
  • Housing sales to foreigners in June occurred at the level of 2,015 with a 20.1 percent increase.
  • Among foreign buyers, citizens of the Russian Federation purchased the most properties with 381 units.

数据一览

72.1% mortgage sales increase25,993 mortgaged housing sales23.1% new housing increase2,015 foreign housing sales

The real estate market across Türkiye experienced a significant recovery in June compared to May. While total housing sales gained momentum compared to the previous period, demand for new and second-hand homes also showed strong growth on an annual basis. This movement in the market was welcomed positively by industry representatives.

New home sales, which provide fresh blood to the construction sector, increased by 23.1 percent compared to the same month of the previous year, reaching a 33.4 percent share of total sales. The second-hand housing market sustained its leadership due to being budget-friendly and ready to move in, achieving a 12.5 percent growth. Second-hand sales continued to account for 66.6 percent of the total market volume.

On the other hand, there was a remarkable 72.1 percent increase in mortgaged housing purchases compared to the same period last year, reaching the level of 25,993. Housing purchases by foreign investors in Türkiye increased by 20.1 percent annually in June, amounting to 2,015. During this month, the highest number of properties were purchased by citizens of Russia.

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常见问题

How much did mortgaged housing sales increase in Türkiye in June?
In June, mortgaged housing sales increased by 72.1 percent compared to the same month of the previous year, reaching 25,993 units.
What was the share of the second-hand market in total housing sales?
Second-hand housing sales constituted 66.6 percent of total housing sales in June, maintaining its weight in the market.
Which country's citizens bought the most houses in Türkiye in June?
In June, citizens of the Russian Federation ranked first with 381 house purchases; they were followed by citizens of Ukraine and Iran with 170 units each.

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