Development of the Real Estate Sector in Turkey in May 2026 – House and Commercial Property Sales Statistics

In Türkiye, a total of 93,333 houses were sold in May 2026, representing a decrease of 31.2% compared to the same month of the previous year.

House Sales, May 2026 (Unit)

House Sales May January–May
2026 2025 Change (%) 2026 2025 Change (%)
Total house sales 93,333 135,664 -31.2 569,537 609,632 -6.6
New house sales 30,196 41,860 -27.9 178,081 184,394 -3.4
Existing house sales 63,137 93,804 -32.7 391,456 425,238 -7.9
Mortgaged sales 19,754 20,325 -2.8 116,801 92,883 25.8
Other sales 73,579 115,339 -36.2 452,736 516,749 -12.4

New and Existing House Sales

New house sales decreased by 27.9% compared to May 2025, reaching 30,196 units. New house sales accounted for 32.4% of all house sales.

Existing house sales decreased by 32.7% to 63,137 units, representing 67.6% of total house sales.

During the January–May 2026 period, new house sales decreased by 3.4% to 178,081 units, while existing house sales decreased by 7.9% to 391,456 units.

Mortgaged and Other House Sales

Mortgaged house sales decreased by 2.8% compared to the same month of the previous year and reached 19,754 units. Mortgaged transactions accounted for 21.2% of all house sales.

Other house sales decreased by 36.2% to 73,579 units, accounting for 78.8% of total sales.

During the January–May 2026 period, mortgaged house sales increased by 25.8% to 116,801 units, while other house sales decreased by 12.4% to 452,736 units.

Calendar-Adjusted House Sales

According to calendar-adjusted data, new house sales decreased by 3.6%, while existing house sales decreased by 11.3% compared to the same month of the previous year.

According to seasonally and calendar-adjusted data, new house sales decreased by 3.4%, while existing house sales decreased by 0.5% compared to the previous month.

House Sales to Foreigners

A total of 1,387 houses were sold to foreign buyers in May 2026, representing a decrease of 27.0% compared to May 2025. Sales to foreigners accounted for 1.5% of all house sales.

During the January–May 2026 period, house sales to foreigners decreased by 15.1% compared to the same period of the previous year and reached 7,068 units.

By nationality, the highest number of purchases in May was made by citizens of the Russian Federation with 268 sales, followed by Iran with 125 sales and Ukraine with 88 sales.

Commercial Property Sales, May 2026 (Unit)

Commercial Property Sales May January–May
2026 2025 Change (%) 2026 2025 Change (%)
Total commercial property sales 11,434 16,555 -30.9 68,963 76,410 -9.7
New commercial property sales 3,255 4,330 -24.8 18,768 20,093 -6.6
Existing commercial property sales 8,179 12,225 -33.1 50,195 56,317 -10.9
Mortgaged sales 536 436 22.9 3,260 2,005 62.6
Other sales 10,898 16,119 -32.4 65,703 74,405 -11.7

New and Existing Commercial Property Sales

New commercial property sales decreased by 24.8% compared to May 2025 and reached 3,255 units.

Existing commercial property sales decreased by 33.1% to 8,179 units.

During the January–May 2026 period, new commercial property sales decreased by 6.6% to 18,768 units, while existing commercial property sales decreased by 10.9% to 50,195 units.

Mortgaged and Other Commercial Property Sales

Mortgaged commercial property sales increased by 22.9% compared to the same month of the previous year and reached 536 units.

Other commercial property sales decreased by 32.4% to 10,898 units.

During the January–May 2026 period, mortgaged commercial property sales increased by 62.6% to 3,260 units, while other commercial property sales decreased by 11.7% to 65,703 units.

Calendar-Adjusted Commercial Property Sales

According to calendar-adjusted data, new commercial property sales decreased by 0.4%, while existing commercial property sales decreased by 12.9% compared to the same month of the previous year.

According to seasonally and calendar-adjusted data, new commercial property sales decreased by 2.8%, while existing commercial property sales decreased by 6.2% compared to the previous month.

The next release on this subject is scheduled for July 17, 2026.

Timondro
Property specialists

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