House sales in Turkey dropped in January, according to the Turkish Statistical Institute (TurkStat) in its report released Wednesday.

House sales went down 1.9 percent year-on-year in January after a three-month rally, according to the report. Before January, home sales declined in September last year when consumers preferred to wait ahead of the November elections when there was a one-week public holiday during the month.

On the other hand, house sales to foreigners moved up to 1,462 units, up 13.4 percent compared to the same month of the previous year.

The top destination for foreign investors was Istanbul with 498 sales, Antalya with 315, Bursa with 129, Yalova with 84, Ankara with 68 and Aydın with 65.