Turkiye’s Home Sales Fall 14.7% to 127,410 in August as Mortgage Purchases Rise
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According to the Turkish Statistical Institute's (TÜİK) August data, first-hand housing sales decreased to 44,378 units year-on-year, while second-hand sales fell to 83,032 units. Despite the overall decline in sales, mortgaged housing sales increased to 22,131 units, and mortgaged commercial property sales rose to 652 units.
According to the Turkish Statistical Institute (TÜİK), housing sales decreased by 14.7 percent in August. While mortgage sales increased, the decline in second-hand housing sales accelerated. (Medyascope)
According to data released by the Turkish Statistical Institute (TÜİK), 127,410 housing units were sold across Turkey in August. While sales of second-hand homes decreased by 19.4 percent compared to the same month last year, sales financed by mortgages increased by 7.2 percent, reaching 22,131 units.
August's housing and business property sales statistics have been released. According to data released by the Turkish Statistical Institute (TÜİK), the number of houses sold nationwide in August decreased by 14.7 percent compared to the same month last year, reaching 127,410. The highest number of housing sales, 343 units, were made to Russians. In terms of business property sales, the number of businesses sold in Türkiye in August decreased by …
The Turkish Statistical Institute (TÜİK) has released housing and workplace sales statistics for August 2026! Across Turkey, first-hand housing sales decreased by 4.5% to 44,378, while second-hand housing sales fell by 19.4% to 83,032. Mortgage-backed housing sales increased by 7.2%, and Russia maintained its top position in sales to foreigners.
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