House sales in Türkiye total 164,306 in October
13 oC
13 oC
Güneşli
13 oC
Güneşli
House sales across Türkiye reached 164,306 in October 2025, marking a 0.5% decrease compared to the same month last year, according to data released Thursday by the Turkish Statistical Institute (TurkStat).
Istanbul continued to record the highest number of property transactions with 26,305 units sold, followed by Ankara (14,681) and Izmir (8,678).
At the opposite end of the scale, Ardahan (86), Bayburt (135), and Tunceli (143) registered the fewest sales.
Between January and October 2025, total housing sales in Türkiye rose 16.2% year-on-year, reaching 1,293,033 units, reflecting continued strong demand in the real estate market despite monthly fluctuations.
Mortgaged house sales rose 11.5% in October to 23,527 units, representing 14.3% of all transactions.
During the first ten months of the year, mortgaged sales jumped 64.0% from the same period of 2024, totaling 186,020 homes.
Of these, 5,919 in October and 44,490 in the January–October period were first-time sales.
Sales categorized as “other” (non-mortgage) declined 2.3% in October compared to a year earlier, totaling 140,779 units, and making up 85.7% of all house sales.
However, between January and October, other house sales increased 10.8% to 1,107,013.
First-time house sales dropped 4.9% year-on-year in October, reaching 54,866 units, or 33.4% of total sales.
In the first ten months, however, first-time sales increased 10.9%, totaling 397,507 units.
Second-hand home transactions rose 1.8% to 109,440 in October, accounting for 66.6% of total sales.
From January to October, second-hand sales surged 18.8%, reaching 895,526 units.
Sales to foreigners stood at 2,106 units in October, down 0.8% compared to the same month last year, representing 1.3% of total sales.
Antalya (729), Istanbul (725), and Mersin (192) were the top provinces preferred by foreign buyers.
Between January and October, foreign home sales declined 11.3% to 17,050 units.
By nationality, Russians purchased the most homes in October (315 units), followed by Germans (191) and Iranians (172). (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Global debt increased by $10 trillion during the first half of 2026, reaching a record $365.5 trillion, driven mainly by higher public-sector and non-financial corporate borrowing, according to the latest Global Debt Monitor published by the Institute of International Finance (IIF).
The Central Bank of the Republic of Türkiye (CBRT) has revoked the operating licence of Papel Elektronik Para ve Ödeme Hizmetleri AŞ as an electronic money institution, citing the company's failure to meet licensing requirements and concerns that its continued operations could threaten the security of payment services.
Afghanistan and Turkmenistan have agreed to strengthen cooperation in transport and transit, following a two-day meeting between delegations from the two countries in the western Afghan city of Herat.
Consumer confidence in Türkiye rose in September, with the consumer confidence index increasing to 91.9, according to data released by the Turkish Statistical Institute (TÜİK) on Tuesday.
