According to the housing sales statistics of the Turkish Statistical Institute (TURKSTAT) for February, 112 thousand 818 houses were sold throughout the country last month. Thus, after the sale of 118 thousand 753 units in February 2020, the second highest February figure was reached.
The increase in housing sales in July 2024 carried the rise of the annual basis to the 8th month with February.
In July 2024, 16 percent increase compared to the same month of the previous year, this rate was 9.9 percent in August, 37.3 percent in September, 76.1 percent in October, 63.6 percent in November, 53.4 percent in December, 39.7 percent in January and 20.1 percent in February.
Sector representatives, said in a statement on February, evaluated sales data.
“The share of first -hand housing sales needs to increase”
Ramadan Kumova, Chairman of the Board of Directors of Housing Developers and Investors Association (KESIDER), said that 30 percent of the houses sold in February are first hand, the total share of zero housing sales for the healthy market should be at 50 percent.
Kumova stated that the ratio of credit sales took place at 14.9 percent in February and that this should increase and that they are far behind the developed countries in this field.
Kumova pointed out the importance of loan interest rates and land costs, “Even though it enters the recovery process since the second half of 2024, the leap required for the housing market has not yet been realized. Credit interest rates and land costs may occur in the market with the rise of first -hand sales rates.” he said.
– “Credit sales accelerated”
Hakan Şişik, President of the Anatolian Side Construction Contractors Association (AYIDER), said that the housing sector started rapidly in 2025 and said that the increase in January continued in February.
Şişik stated that the housing sales did not only increase by 20.1 percent compared to the same month last year.
“The point to be considered here is the increase of mortgage sales by 90.1 percent. This partly shows that people are turning to the real estate with the falling interest rates and that they use credit for this. Although the interest rate is high compared to the old periods, the concern that the house prices will increase in the coming period, the increase of rent this year. will accelerate. “
– “Investors continue to evaluate opportunities in real estate”
Real Estate Marketing and Sales Professionals Association (GAPAS) President Ismail Ozcan, despite the low expectation in February, surprisingly reached the highest number of sales, said: “This situation can no longer be postponed, the decision to own a housing, the decision of the purchase before the month of Ramadan and the investors continue to evaluate the opportunities in the real estate.” he said.
Özcan explained that the second hand still maintains the dominance of the second hand and that the mortgage sales tend to revive, and that the source from other financial instruments turned to the real estate.
Ozcan, the need for zero housing is extremely high by recording, “As GAPAS, we want to emphasize once again that the new project development of the private sector should be encouraged.” commented.
“Important factor to increase rent prices above inflation”
All Entrepreneur Real Estate Consultants Association (TÜGEM) President Serkan Şahin said that they have reached the best February figures in the last 5 years in housing sales, and that they have reached 232 thousand in all real estate sales last month.
In February, the increase in mortgaged sales in February is remarkable that the increase in the Sahin, “January and February in the total share of mortgage sales in the total level of 15 percent. Here, where the reel prices of housing prices, rent prices above inflation, falling depreciation times. He made a statement.
Sahin, the year starting from the level of 3.05 percent of the month’s monthly housing loan interest rates to 2.68 percent decreased by recording, “By the end of the year will approach the level of 2 percent. This is actually the re -structured loans to approach more payable levels.” he said.
“We are going to new summits in housing sales”
Fuzul Toprak Chairman of the Board of Directors Faruk Akbal said that there is a serious mobility since July 2024, the interest rates begin to descend and the likelihood of home prices increased the probability of mobility, he said.
Akbal stated that they have seen a reinforcement in construction costs and that this situation started mobility on the supply side and said:
“There was no record in 2024, but this year started with a strong increase. We are going to a new summit. However, our host rate is falling to 55 percent. This is below the European average. I think that the formulas that will raise it should be further developed in our country. We do not see it very possible to develop a housing project.
“We see mobility in the sale of zero housing”
Didem Güneş, General Manager of EGEYAPI REIT, stated that there is mobility in housing sales since the mid -last year, “approximately 500 thousand of the 1.5 million houses sold last year were zero. This year, approximately 225 thousand units of sales in two months. he said
Sun records in the demand for housing, “2025 will increase the movement of housing sales. We can see new records.” he said.
“The number of sales can exceed 1.5 million”
Helmann Holding Chairman of the Board of Directors of the Board of Directors Selman Özgün said that the increase in housing prices under inflation has revived sales. commented.
Expressing that the production of housing for the middle and lower income group should be accelerated, Özgün said, “Other relevant institutions, especially TOKI, should increase the production of housing. He said.
