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07:27, 23 June 2018 Saturday
12:40, 21 February 2018 Wednesday

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Turkey: Nearly 100,000 house sales in January
Turkey: Nearly 100,000 house sales in January

Property sales in January up 1.7 pct year-on-year

World Bulletin / News Desk

The number of property sales in Turkey rose by 1.7 percent in January compared to last year, the country's statistical authority announced on Wednesday. 

Last month,  97,019 houses were sold in Turkey -- 44,363 houses were sold for the first time while the rest were second-hand sales -- TurkStat reported. 

Istanbul -- Turkey's most populated city and one of its top tourist draws -- boasted the largest share of house sales with 16.8 percent, or 16,336 houses, the institute said.

Official data showed that the capital Ankara and the Aegean province of Izmir followed Istanbul with 9,720 (10 percent) and 5,841 (6 percent) housing sales, respectively.

"House sales with a mortgage represented a 29.6-percent share of all house sales in Turkey," TurkStat said.

In 2017, 1.4 million residential properties were sold in Turkey, with a 5.1 percent annual hike compared to the previous year. 



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