House sales in Türkiye total 164,306 in October
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.
The Central Bank of the Republic of Türkiye (CBRT) reported a significant increase in its foreign exchange reserves for the latest reporting period, continuing a trend of bolstering its financial buffers.
Türkiye’s Treasury and Finance Minister Mehmet Şimşek announced that the country’s ongoing economic policies to reduce energy dependence and enhance export competitiveness are reinforcing the foundations of a sustainable current account balance.
Türkiye’s export prices increased in September, but overall export volumes fell, according to data released Wednesday by the Turkish Statistical Institute (TurkStat).