Land sales increased by 20 percent Land Registry and Cadastre General Manager Mehmet Zeki Adlı stated that this year there was an increase of approximately 20 percent in land sales compared to last year, and 368 thousand 215 land sales were made in the January-October period.
The Land Registry and Cadastre General Manager Mehmet Zeki named, said in the statement, because of the epidemic process in Turkey since March, as in all fields, he said the contraction in real estate transactions.
Within the scope of the measures taken in connection with this, Adlı stated that there was an "explosion" in the field with the decrease in loan rates, "The decrease in interest rates made loans seriously attractive, and as such, demand increased. said.
Explaining that people tend to focus more on hobby gardens when purchasing land, Adlı reminded that the purchase and sale of hobby gardens are made as cooperative shares, and this information is not recorded because there is no transaction in the deed.
General Manager Adlı, regarding the sale of the land, said, "A total of 368 thousand 215 plots were sold in the January-October period, there was an increase of approximately 20 percent in the land sales compared to the previous year. 23 thousand 702 of these sales transactions were mortgaged. The provinces with the highest number of transactions in land sales are also in line with housing sales. These provinces are respectively Istanbul, Ankara, Izmir, Antalya, Konya, Gaziantep, Adana, Kocaeli, Bursa and Tekirdağ. " gave the information.
"HOUSING PURCHASE-SALE 20-22 THOUSAND DAILY"
With regard to housing sales, Adlı stated that the daily purchase and sale of housing decreased to 3-4 thousand in March and April, but the decrease in interest rates also affected housing sales, and that the daily purchase and sale was between 20-22 thousand.
Istanbul, Ankara, Izmir, Antalya, such as housing demand is intense pointed out that much of the sales in the provinces named, "some provinces had increased by 300 per cent home sales. In Turkey, compared to last year when we look at the rate of increase from October to March, there is an increase of around 27 percent. In the January-October period, nearly 1 million 281 thousand houses were purchased. " used expressions.
Pointing out that these sales transactions include second-hand and new residences made with credit, as well as residences purchased without credit, Adlı said:
"There is a 42.5 percent increase in the houses purchased using credit. More than 42 percent of the citizens have bought and sold houses by using credit. There is a decrease in the rate of those who do not use loans, there has been a decrease of 3 percent. The sales in second hand houses are more, First hand houses are less than him. In the January-October period this year, mortgage sales increased by 124.2 percent compared to last year.
General Manager Adlı added that the highest number of house sales are realized in big cities such as Istanbul, Ankara, Izmir, Antalya, Bursa, Mersin, Konya, Kocaeli, Adana and Gaziantep, respectively.