The "Istanbul Economy - Housing Market April 2021 Bulletin" prepared by the Istanbul Planning Agency has been published. According to the data in the report; 2021 thousand 51 houses were sold in Istanbul in the first quarter of 602. 10 thousand 155 houses were sold with mortgages. Housing sales in Esenler decreased by 37,7 percent compared to the same period of the previous year. 50.8 percent of the sales to foreigners took place in Istanbul. Housing prices in Istanbul increased by 28 percent in February compared to the previous year.
According to the report, which includes the house sales statistics in the city in comparison with the previous year; 2021 thousand 51 houses were sold in Istanbul in the first quarter of 602. 71.8 percent of housing sales were in second-hand and 28.2 percent in zero house sales. In this period, total housing sales decreased by 2020 percent compared to the first quarter of 19,1. Second-hand house sales decreased by 14.7 percent and in zero houses by 28.4 percent.
10 thousand 155 houses sold with mortgage
While 2020 percent of total housing sales were mortgaged in the first quarter of 37.2, the rate of mortgaged housing sales was 2021 percent in the same period of 19.7. In this period, second-hand mortgaged house sales decreased by 52.1 percent. Zero mortgage housing sales decreased by 68 percent.
Esenler was the district with the highest decrease in housing sales with 37.7 percent
Looking at housing sales by districts in Istanbul, only Beykoz (2021 percent), Zeytinburnu (27,7 percent), Bakırköy (12,8 percent), Büyükçekmece (5.4 percent) and Üsküdar (percent) in the first quarter of 3.5 compared to the same period of the previous year. 1.5) there was an increase in housing sales in the districts. The five districts with the highest decrease in housing sales are respectively; Esenler (37.7 percent), Gaziosmanpaşa (32.5 percent), Sultangazi (32.5 percent), Ümraniye (31.7 percent) and Sancaktepe (31 percent).
50.8% of the sales to foreigners took place in Istanbul
In the first quarter of 2021, 5 thousand houses were sold to foreigners in Istanbul. 19.6 percent of total housing sales was realized as 50.8 percent of total residential sales to foreigners in Turkey was held in Istanbul in Istanbul. During this period, housing sales decreased by 2020 percent compared to the same period of 6.5, and increased by 2019 percent compared to the same period of 16.3.
Second hand housing prices increased by 28 percent compared to the previous year
As of February 2021, zero housing prices in Istanbul increased by 29 percent compared to the same period of the previous year, while second-hand housing prices increased by 28 percent. In Turkey the same period, housing prices rose 32 percent to zero second-hand housing prices rose 31 percent over the previous year.
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