In March 2026, a total of 113,367 residential properties were sold in Turkey. The market remains stable and active, with certain segments showing particularly strong momentum. New-build sales increased by 1.3%, reaching 35,725 transactions.
The market structure continues to be dominated by the secondary segment, accounting for 68.5% of all transactions. New developments represent 31.5% and are gradually strengthening their position, reflecting growing demand for modern housing stock and off-plan projects.
Foreign buyers completed 1,353 transactions in March. In the first quarter of 2026, a total of 4,165 deals were recorded. The leading nationalities were buyers from Russia (229 transactions), Iran (130), and Germany (84), with Iraq and Ukraine also ranking among the top five. Despite a more moderate overall market dynamics, the foreign segment remains resilient.
Mortgage-backed transactions saw a notable increase of 35.9%, reaching 25,978 deals. Their share rose to 22.9% of total sales, indicating a recovery in lending activity and improved access to financing for buyers.
This spring, Turkey’s real estate market remains balanced, with a clear demand structure. New developments and mortgage-backed purchases are becoming key drivers for investors. At the same time, the period of rapid price growth appears to be over, as the market transitions into a phase of recovery and stabilisation.
