In Turkey, 112,818 housing sales were completed in February. While housing sales increased by 20% annually, it was observed that mortgage sales were accelerating. During this period, a decrease in foreigners’ interest in housing was also reflected in the data. Housing sales in Turkey increased by 20.1% in February compared to the same month of the previous year, reaching 112,818. According to the data of the Turkish Statistical Institute (TÜİK), the provinces with the highest number of housing sales were Istanbul with 19,347, Ankara with 10,791, and Izmir with 6,899, while the provinces with the lowest number were Ardahan with 24, Tunceli with 70, and Bayburt with 73. Housing sales in the January-February period increased by 29.1% compared to the same period of the previous year, reaching 224,991. INCREASE IN MORTGAGE SALES Mortgage-backed housing sales increased by 90.1% in February compared to the same month of the previous year, reaching 16,778. The share of mortgage sales in total housing sales was 14.9%. Mortgage housing sales in the January-February period increased by 127.3% compared to the same period of the previous year, reaching 33,504. In February, 3,956 mortgage housing sales were completed; in the January-February period, 7,812 mortgage housing sales were completed as the first owner. DECLINE IN FOREIGN SALES Housing sales to foreigners decreased by 21.1% in February compared to the same month of the previous year, reaching 1,457. In February, the share of housing sales to foreigners in total housing sales was 1.3%. The provinces with the highest number of housing sales to foreigners were Istanbul with 539, Antalya with 503, and Mersin with 89. In February, the highest number of housing sales according to nationality were made to citizens of the Russian Federation with 256, Iran with 133, and Iraq with 99.