How Many Units did Foreigners Buy in the First Half of 2017?

How Many Units did Foreigners Buy in the First Half of 2017?

The Turkish Statistical Institute announced housing sales data covering the January-June 2017 period. According to this, foreigners bought 9,595 units in the first half of the year. In the same period of the last year, the number was 9,378 units. Following the July 15 coup attempt, foreigners’ housing purchases had fallen sharply. After the removal […]

Turkey Real Estate Sector Grew by 3.4

Turkey Real Estate Sector Grew by 3.4

Turkish Statistical Institute (TUIK) announced growth figures for the first quarter of 2017. Accordingly, in the first three months of this year, Turkey’s economy grew by 5.00 percent. While the industrial sector grew by 5.3 percent, the growth rate in the construction sector was 3.7 percent. The rate was 4.5 percent in the same period […]

76.000 Properties Sold in Istanbul in 4 Months

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 […]

Construction Sector Confidence Index Increased

Construction Sector Confidence Index Increased

Turkey Statistical Institute Sectoral Confidence Indices announced May 2017 data. The seasonally adjusted construction industry confidence index, which was 85.7 in the previous month, rose by 0.8 percent in May to 86.3. This increase in the construction sector confidence index was due to the increase in the number of enterprise managers who are expecting an […]

Districts in Istanbul Most Real Estate Sold in 2016

Districts in Istanbul Most Real Estate Sold in 2016

Turkey Statistical Institute announced property sales figures for the year 2016. Istanbul ranked first with 17.3 percent share with a volume of 232 thousand 428 housing sales. How many properties were sold in which district of Istanbul? Here is the table where Esenyurt is remarkably ahead. Arnavutköy 3.954 Ataşehir 5.851 Avcılar 6.702 Bağcılar 4.088 Bahçelievler 7.465 […]

10 Cities Foreigners Bought Most Property in 2016

10 Cities Foreigners Bought Most Property in 2016

According to the statement released by the Turkish Statistical Institute, in 2016, the sale of properties to foreigners was 18 thousand 189 units. Looking at the figures, the top 10 cities where foreigners have made the most purchases and the number of houses sold are as follows: İstanbul 5.811 Antalya 4.352 Bursa 1.318 Aydın 871 […]

Istanbul Falls to 17th in World League

Istanbul Falls to 17th in World League

According to the report covering 150 world cities, in the third quarter of this year, Istanbul’s price increase was reduced by 14 steps. Ankara and İzmir also received a major fall. Chinese cities play role in fall UK-based global real estate consulting firm Knight Frank has released its third quarter results of the global housing […]

Ankara and Trabzon See Increase in Sales to Foreigners

Ankara and Trabzon See Increase in Sales to Foreigners

According to the Turkish Statistics Agency (TUIK), the sales of residential properties to foreign nationals fell by 17 percent when compared to last year, reaching 11 thousand 934 in the whole of Turkey, in the period between January – August. Ankara sees higher rise 14 thousand 424 residential properties had been sold to foreign nationals […]

Property Sales to Foreigners Fallen

Property Sales to Foreigners Fallen

The decrease in business in the sales of residential properties to foreign nationals is continuing, following the 48 percent fall in July, after the attempted coup. The Turkish Statistics Agency (TUIK) has announced the property sales statistics for August 2016. Purchases by foreign nationals fell by 26 percent in August, when compared to the same […]

TUIK House Sales Statistics, July 2016

TUIK House Sales Statistics, July 2016

TUIK (Turkish Statistical Institute) has released the house sales numbers of July 2016. In July 2016, 81 343 houses were sold in Turkey In Turkey, house sales decreased by 15.8% in July 2016 compared to the same month of the previous year and hence, became 81 343. For the house sales of July 2016, İstanbul […]