The rise of residence sales during April:
Turkish media revealed that real estate sales in Turkey rose to 133.58 apartments in March. While in April sold apartments recorded an increase of 38.8 % compared to the same month of the previous year based on Turkish Statistical Institute (TUIK).
Istanbul alone recorded the highest share of apartment sales of 19.8 % amounted to sale of 26,330 apartments followed by Ankara that recorded 12,195 of sold apartments and a share of 9.2 %, then Izmir of 6.4 % with 8.459 sales.
However, the provinces with the lowest number of sold apartments were Ardahan, and Hakkari with 25 apartments, and Bayburt with 47 apartments respectively.
The rise of apartment sales increased by 26.2 % in the January-April period compared to the same period in the previous year that amounted to 453,121 apartments.
Sales of mortgaged apartments have increased by 82.9 % of 32.030 sold apartments across Turkey in April compared to the previous year.
The share of mortgaged apartments of total apartments sales was 24.1%.
On the other hand, sales of foreclosed homes in the January-April period rose by 55.1% % over the same period a year earlier to record 100,372.
In the same context, sales of other apartments in Turkey increased by 28.9 % in April compared to the same month in the previous year and became 101.28.
The share of other sales in total apartment sales was 75.9 %. On the other hand, other apartment sales achieved in the January-April period rose 19.9% from the same period a year earlier to 352.749.
The number of direct sales reached 36.421. The number of direct housing sales in Turkey increased by 24.7 % in April compared to the same month of the previous year, and became 36.421.
The share of first apartment sales of total apartment sales was 27.4 %. In the January-April period, direct apartment sales rose 19.4% compared to the same period a year earlier and amounted to 130,858.
Exchanging 96,637 homes by second hand-homes sales
And sales of second hand-homes in Turkey increased by 45.0 % in April compared to the same month of the previous year and became 96 thousand 637. The share of second hand-home sales of total housing sales was 72.6%. second hand-home sales in January-April increased 29.3 % over the same period a year earlier and amounted to 322,263.
Selling of 6.447 homes
For foreigners, home sales increased by 58.1% in April compared to the same month in the previous year and reached 6,447 apartments. In April, the share of apartment sales to foreigners in total sales was 4.8 %. Istanbul ranked 1st in residence sales to foreigners, selling 2,564 homes followed by Antalya with 1970 sales, and Ankara with 333 sales respectively.
In the January-April period, home sales to foreigners increased by 48.9 % compared to the same period the previous year and became 20.791.
Most of the residential sales are to citizens of the Russian Federation.
In April, Russian Federation citizens bought 1,152 apartments from Turkey. Iranians followed Russians with 905 housing units, then the Iraqis with 714 housing units, respectively.