Istanbul "sold" 18% of the total housing in Turkey

Istanbul "sold" 18% of the total housing in Turkey

The statistics of housing sales in Istanbul for January 2023 has been published. Recall that detailed data on individual cities are usually published later than the total figures for the number of transactions per month.

 

Recall that the total number of home sales in Turkey in January 2023 amounted to 97,708. The largest Turkish metropolis accounted for 17.8%, or 17,415 residences.

 

2,888 apartments or houses were purchased with the help of mortgage loans; without bank loans - more than 6 times more, or 14,527 lots.

 

4253 lots were sold in new buildings in January 2023; 13,162 residences were sold in the secondary real estate segment.

 

As for transactions with foreigners, they bought 4161 housing units in January.

 

Istanbul continues to be the most popular city in terms of purchasing residential real estate, although over the past month many residents of the metropolis have decided to move to other cities and regions.

 

Nevertheless, Istanbul remains in the focus of attention of both potential investors and developers; large housing projects are announced here one after another. A new complex in Ferkhatpasa has just been announced, for example. 166 residential complexes are waiting for buyers in the metropolis at once, including many elite ones.

 

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