Development of the real estate sector in Turkey - February 2026 short

In Türkiye, a total of 124,549 houses were sold in February 2026, representing an increase of 5.9% compared to the same month of the previous year.

First-time house sales increased by 5.9% to 37,785 units, while second-hand house sales increased by 6.0% to 86,764 units. First-time sales accounted for 30.3% of total house sales, while second-hand sales represented 69.7%.

Mortgaged house sales increased by 42.3% to 25,035 units. Other house sales decreased by 0.5% to 99,514 units. During the January–February 2026 period, total house sales reached 236,029 units, an increase of 0.6%.

House sales to foreign buyers decreased by 2.9% to 1,506 units, accounting for 1.2% of all house sales. Russian citizens purchased the highest number of properties with 191 sales, followed by Iranian citizens with 131 and Iraqi citizens with 106.

A total of 15,069 commercial properties were sold in February 2026, representing a decrease of 1.1% compared to February 2025. First-time commercial property sales decreased by 5.2% to 3,981 units, while second-hand sales increased by 0.4% to 11,088 units.

Mortgaged commercial property sales increased by 62.8% to 692 units, while other commercial property sales decreased by 3.0% to 14,377 units.