Development of the real estate sector in Turkey

Development of the Real Estate Sector in Turkey in July 2025 – Housing Sales Statistics

In Türkiye, a total of 142,858 houses were sold in July 2025 — an increase of 12.4% compared to July 2024. The provinces with the highest number of house sales were İstanbul with 23,152, Ankara with 12,491, and İzmir with 7,815, while the lowest numbers were recorded in Ardahan (58), Bayburt (93), and Hakkari (103).

House Sales, July 2025 (Unit)

	July 2025	July 2024	Change (%)	Jan–Jul 2025	Jan–Jul 2024	Change (%)
Total house sales	142,858	127,088	12.4	834,751	672,162	24.2
Mortgaged sales	18,425	11,496	60.3	121,515	62,911	93.2
Other sales	124,433	115,592	7.6	713,236	609,251	17.1
First sales	43,984	40,784	7.8	251,608	214,108	17.5
Second-hand sales	98,874	86,304	14.6	583,143	458,054	27.3

Mortgaged House Sales

Mortgaged house sales reached 18,425 in July, up 60.3% year-on-year, accounting for 12.9% of all sales. In the January–July period, mortgaged sales rose by 93.2% to 121,515.

Of these, 4,438 mortgaged sales in July and 28,884 in January–July were first sales.

Other House Sales

Other house sales totaled 124,433 in July, up 7.6% year-on-year, representing 87.1% of all transactions. During January–July, other sales increased by 17.1% to 713,236.

House Sales by Type

First sales amounted to 43,984 in July (+7.8% y/y), accounting for 30.8% of total sales. In January–July, first sales rose 17.5% to 251,608.

Second-hand sales reached 98,874 in July (+14.6% y/y), making up 69.2% of total sales. In January–July, second-hand sales increased 27.3% to 583,143.

House Sales to Foreigners

Sales to foreigners totaled 1,913 in July 2025 (–18.6% y/y), with a share of 1.3% of all sales. The top provinces were İstanbul (643), Antalya (642), and Mersin (175).

In January–July, sales to foreigners decreased by 12.1% to 11,267. By nationality, most purchases were made by citizens of the Russian Federation (315), Iran (152), and Germany (135).

The next press release on this topic is scheduled for 16 September 2025.