In Turkey, real estate sales continue to grow, while the TOP-7 most popular cities and provinces with buyers have not changed since last year and looks like this in 2020: Istanbul, Ankara, Izmir, Antalya, Bursa, Mersin, Konya. If last year the top ten cities and provinces were closed by Adana, Gaziantep and Tekirdag, this year Kocaeli, Gaziantep and Adana were in the eighth, ninth and tenth places.
Istanbul-based real estate appraisal and investment company EVA reports that in the first three months of 2020, the same number of homes were sold in Turkey as in the same period in 2019. However, already in the first two summer months of 2020 (during the mortgage boom in Turkey), real estate sales exceeded the total volume of five months of 2020. As of July 2020, 854,126 housing properties were sold in Turkey (40.5 percent more than in the same period last year and 21 percent less than in the same period in 2018). According to market experts' forecasts, the total number of real estate sales in Turkey in 2020 will exceed 1.4 million housing units.