In January-October, home sales increased by 11.9% compared to the same period last year.
Home sales to foreigners, however, decreased by 16.3% year-on-year in October. The share of buyers from other countries was only 1.3%.
In terms of the number of transactions with foreigners, the provinces were in the lead: Antalya, including Alanya (750 sales), Istanbul (724 sales), Mersin (148 sales).
In ten months of 2024, foreign citizens bought 37.2% less houses and apartments than in the same period of 2023.
Russians are traditionally the leaders among international buyers (373 deals in October). This is followed by Iranians (172 transactions), Ukrainians (136 transactions), Germans (127 transactions), Iraqis (124 transactions), Kazakhstanis (99 transactions).
In general, the trend of the Turkish market remains, and there are drastic changes compared to It has not been observed since September 2024. It should be noted that in October Antalya overtook Istanbul in terms of the number of transactions with foreigners, which happens periodically (before October, this situation took place, for example, in May and July 2024).
