Turkey Property Market in March 2026

In March 2026, 113,367 residential units were sold across Turkey. The market remains stable and active, with some segments showing notable momentum. Sales of new-build properties rose by 1.3% year-on-year, reaching 35,725 transactions.

Secondary housing still dominates the market, accounting for 68.5% of all sales. New developments make up 31.5% and are steadily gaining ground — a clear sign of growing interest in modern housing stock and off-plan projects.

Foreign buyer activity: In March, international purchasers completed 1,353 deals. Over the first quarter of 2026, foreign sales totalled 4,165. The top nationalities were buyers from Russia (229 transactions), Iran (130), and Germany (84), followed by Iraq and Ukraine. Despite overall moderate market dynamics, the foreign segment remains resilient.

Mortgage market: This segment saw a significant surge — mortgage-financed sales rose by 35.9% to 25,978 transactions. Their share reached 22.9% of total sales, indicating a recovery in lending activity and more accessible financing for buyers.

Key takeaway: This spring, Turkey’s property market is balanced, with a clear demand structure. New developments and mortgage-backed purchases are becoming key drivers for investors. Meanwhile, the period of rapid price growth is behind us, as the market enters a phase of recovery and stabilisation.

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