Fresh author's report
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February Figures: 20% Sales Increase and Stable Prices Bolster Turkish Property Market
The upward trend in the Turkish real estate market that began in January continued through February. The market is demonstrating impressive sales and price momentum. According to data published by the Turkish Statistical Institute (TÜİK), housing sales in Turkiye rose by 20.1% in February ...
February 2025
Market trend: a strong start to the year
In January 2025, Türkiye’s real estate market recorded significant growth, driven by a combination of economic and social factors. According to the Turkish Statistical Institute (TÜİK), 112,173 residential properties were sold, representing a 39.7% increase compared to January 2024. Foreign ...
January 2025
2024 Real estate sales statistics in Turkiye
An abnormal increase in demand: over the year, 1.48 million properties were sold in Turkiye. The number of transactions rose by 20.6% According to the Turkish Statistical Institute (TÜIK), in 2024, 1,478,002 properties were sold in the country. This represents a record increase of 20.6% ...
November 2024
MONTHLY TREND: +63% GROWTH LEADING PROVINCE: ISTANBUL
According to the Turkish Statistical Institute (TÜIK), 153,014 properties were sold nationwide in November 2024. This marks a 63,6% increase compared to November 2023 and a 29,8% rise compared to November 2022. Real estate prices also continue to climb. Compared to November 2023: Average ...
November 2024
MONTHLY TREND: RECORD-BREAKING 76% GROWTH IN PROPERTY SALES
According to the Turkish Statistical Institute (TÜİK), 165,138 real estate transactions were recorded in October 2024. This marks a 17% increase compared to September and a staggering 76,1% rise from October 2023. It also represents the longest sustained period of demand growth in two years, ...
October 2024
Monthly trend: “Seasonality” shifts to steady growth
According to data from the Turkish Statistical Institute (TÜİK), 140,919 properties were sold across the country in one month. This represents a 5% increase compared to August and a significant 37,3% rise compared to September 2023. It’s also the highest figure since December 2022. ...
August 2024
Trend of the month: Istanbul leads in all categories
According to the Turkish Statistical Institute (TÜIK), 134,155 properties were sold across the country last month, marking a 5.6% increase compared to July and a 9.9% rise compared to August 2023. Over the past year, housing prices have risen by 29.68% across Turkiye, with the average property ...
July 2024
This month’s highlight: rising average deal prices among foreign buyers
The Turkish Statistical Institute (TÜIK) reported that 127,088 properties were sold in Turkiye in July. This figure represents a 60.23% increase compared to June 2024 and a 16% rise compared to July 2023. The surge in sales is mainly attributed to strong domestic demand. These figures mark the ...
June 2024
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 ...
May 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 ...