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% compared to 2023.
Despite the forecasts of sceptics, the Turkish real estate market, which had sharply declined in 2023, managed not only to fully recover to the peak sales levels of 2020-2022 by the end of 2024 but also to build potential for growth in the already arrived 2025.
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Author of the material
Julia Gaerli has over 9 years of experience in real estate and investment, as well as a deep understanding of Turkish culture and legislation. She specializes in real estate market analysis, identifying promising investment projects, and creating content that helps clients make informed decisions. Learn more about the author.
