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Housing Sales Statistics – October 2022

Housing Sales Statistics – October 2022

TURKSTAT housing sales statistics for October have been announced. It contains detailed information about real estate sales in Turkey. Let's examine the sales to foreign nationals in Turkey.

Foreigners purchase 5,337 houses in October.

In October, house sales to foreigners became 8.8%. Accordingly, a total of 5 thousand 377 houses were sold this month. In October, housing sales made to foreigners accounted for 5.2% of all sales. Antalya took first place in housing sales to foreigners, with a total of 2,123 flats sold. Istanbul comes after Antalya with the sale of 1,658 houses. Mersin is in the last place of the top three with 490 sales.

Housing sales statistics in October to foreigners increased by 26.9 percent in the January-October period compared to the same period of the previous year. With this increase, this year's total sales amounted to 55 thousand 21.

Most of the housing purchases were by Russian citizens.

In October, Russian citizens bought a total of 2,023 houses from Turkey. Iranian citizens followed Russian citizens with the sale of 498 houses. What's more, Iraqi citizens purchased 310 residences in total. Furthermore, with the sale of 216 houses, Ukrainian citizens joined the list as well.

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