Fresh author's report
Read the full version of the author's report from Astons
June trend: price stabilization and resort properties
According to TÜIK (Turkish Statistical Institute), 79,313 properties were sold in Turkiye in June. Foreign investors accounted for 1.8% of the total transactions, or 1,440 sales. Istanbul led the country in overall sales, while Antalya province remained the top choice for foreign buyers. Recent ...
August 2024
May trend: highest sales growth since the beginning of the year
According to the Turkish Statistical Institute (TÜIK), 110,588 properties were sold in May. Compared to April 2024, the number of real estate transactions in May increased by 46%. Foreign investors accounted for 1.9% of these transactions. Istanbul remains the leader in real estate sales, with ...
August 2024
Two trends: resort and premium real estate
Data from the Turkish Statistical Institute (TÜIK) indicates that 75,569 properties were sold in April. Foreign investors made up 1.7% of the transactions, with approximately 15% of these under the real estate investment citizenship program. The province with the highest number of property ...
August 2024
Fewer transactions, higher contract values
According to the Turkish Statistical Institute TÜIK, 105,394 real estate properties were sold in the country in a month. Compared to the previous month, the number of property transactions increased by 12.24%. In March, the market once again showed growth due to increased domestic demand. The ...
August 2024
Market begins to grow
According to the Turkish Statistical Institute TÜIK, 93 902 real estate properties were sold in the country last month. This marks a significant growth in the market for the first time in the past year. Compared to February of the previous year, the overall sales level increased by 17.3%. ...
August 2024
REI Türkiye 2023 – the ‘roller coaster’ of the economy
Various factors influenced the state of the real estate market and investment climate in Türkiye in 2023, making it a rich yet challenging year. On one hand, economic and currency depreciation, an escalating inflation, a record budget deficit, earthquakes, presidential elections, new laws in ...
August 2024
Real Estate sales statistics in Turkiye for November 2023
According to the Turkish Statistical Institute, TÜIK, 93,514 real estate properties were sold in November 2023. This represents a slight drop compared to the previous month – October 2023 = 93,761 properties sold. Compared to November of the previous year, the overall sales volume ...