Low housing loan rates and attractive back-to-back campaigns made the citizen a homeowner. Many people who have been dreaming of buying a house for a long time due to the high interest rates have recently been breathing in banks. The mortgage loan attracted by the citizens increased by 13 percent in deposit banks and 23.31 percent in participation banks. Since the beginning of the year, the total number of housing loans withdrawn was calculated as 9 billion 714 million 315 thousand liras. 7 billion 594 million 343 thousand TL of the loan used was withdrawn from deposit banks and 2 billion 119 million 972 thousand TL from participation banks.
100 THOUSAND LIRA 43 THOUSAND LIRA POCKET
In the loan used, the balance remaining in the pocket compared to a year ago reaches 43 thousand lira for every 100 thousand lira in a 10-year term. If the citizen who wanted to buy a house a year ago would knock on the banks’ door for mortgage loan, the best rate would be around 1.30 percent. In this case, the total figure that would repay at the end of the 10-year term for every 100 thousand lira would increase to 198 thousand lira. Now, it is possible to withdraw credit from the banks with a 0.90 percent rate for the house it purchased. The total amount to be paid with the same maturity structure is calculated as 163 thousand lira instead of 198 thousand. From a project that has contracted with the home banks, the interest rate to be paid in this case can drop down to 0.79. In other words, the amount to be paid at the end of maturity of every 100 thousand liras thus decreases to 155 thousand liras.
2 + 1 and 1 + 1 TYPE HOUSE PREFERRED
Houses bought with taken loans draw attention mainly as small square meter houses. As a matter of fact, it is observed that in this type of houses, stocks also decrease. We see that the stock rate of 2 + 1 type houses in stock, which was 34 percent in January last year, decreased to 31.5 percent in January this year. Even though the similar picture is limited, there are also 1 + 1 type residences. The stock data announced at 1 + 1, whose stock ratio was at 20 percent last year, shows that the rate has decreased to 18.9 percent. The demand is more limited in 2 + 1, 3 + 1 and 4 + 1 type houses with large square meters. Finished houses are also among the top choices in purchasing. As a matter of fact, 22% of the branded houses sold last year consisted of finished housing stocks and 78% of unfinished housing stocks. This year, 41.78 percent of the residences were taken from finished housing stocks and 58.22 percent from unfinished housing stocks.
PRICE SALE AFFECT
- Realtors said that the preference of small square meter houses in sales is proportional to the price. Emphasizing that the amount of loans taken to buy small houses is also low, real estate agents said, “In this way, citizens who buy a house have taken out loans that they can pay instead of high figures in monthly payments. “Having to pay much more than monthly rent as a loan installment does not shake her budget.” Real estate agents, whose opinions we have consulted, pointed out that earthquakes were also effective in increasing purchases in the recent period and continued: “In particular, there is an increase in demand for new buildings after earthquakes. Even in many regions, new apartments were not rented. In addition, we can say that there is not much stock left in newly built houses with low square meters. The residences that are available are those with high rooms and areas. ”