#Forex Haberleri

Record First Quarter in Real Estate Sales

The number of real estate sold nationwide reached 694,628 in the January-March period, breaking the all-time first quarter record. All real estate sales, including homes, land, commercial properties, and business premises, that started the new year quickly continued this momentum in February and March. Real estate sales in January increased by 20.2% compared to the same period in 2024, reaching 238,938, while February sales jumped by 7% to 232,756. However, this figure decreased by 0.8% annually last month, dropping to 222,934. When the first quarter is considered together, it was observed that all real estate sales increased by 8.3% to reach 694,628. This number marked the highest January-March data of all time. The previous highest first quarter data was observed in 2023 with 683,399. THE NUMBER OF TRANSACTIONS IN THE LAND REGISTRY APPROACHED 5 MILLION In the January-March period, a total of nearly 4.8 million transactions were carried out in the land registries. Approximately 695,000 were sales, 344,000 were mortgages, 106,000 were transfers, 36,000 were corrections, 17,000 were expropriations, nearly 15,000 were divisions, 7,300 were mergers, and 6,400 were donation transactions. Other transactions exceeded 3.5 million. During this period, the fee revenue generated from transactions in the land registry increased by 72.5% to 28 billion 832 million Turkish Liras.

Record First Quarter in Real Estate Sales

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