76.000 Properties Sold in Istanbul in 4 Months

The Turkish Statistical Institute announced housing sales data covering the period January – April 2017.

Accordingly, in the first four months of the year in Istanbul, a total of 76 thousand 99 properties have changed hands. Last year, the number of properties sold in the period was 75 thousand 198 units.

Properties sold in Istanbul consist of 35 thousand 640 first hands and 40 thousand 459 second hands.

31 thousand 726 of properties that changed hands in Istanbul in the first four months of the year were bought with residential credits while 44 thousand 373 were bought in cash.

According to TURKSTAT data, a total of 20,666 residential properties changed hands in Istanbul in April. In the same month of last year, the number was 19 thousand 537 units.

Properties sold in Istanbul in April 2017 alone were 9 thousand 380 first-hand and 10 thousand 686 second-hand.

While 8 thousand 546 properties that changed hands in Istanbul in April were bought with  residential credits, 11 thousand 520 were bought in cash.

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