Maher Real Estate Development

Market report — July 2026

The latest official figures for housing sales in Turkey, as published by the Turkish Statistical Institute.

Latest month · July 2026

Total sales

123,603

−17.0%Year-on-year change

First-hand (new build)

42,529

−8.6%Year-on-year changeShare 34.4%

Second-hand

81,074

−20.8%Year-on-year changeShare 65.6%

Mortgaged sales

23,888

+23.7%Year-on-year changeShare 19.3%

Sales to foreigners

2,120

+1.9%Year-on-year changeShare 1.7%

Source: Turkish Statistical Institute· Verified: 22 August 2026

Year to date · January – July

January – JulyunitsYear-on-year change
Total sales823,119−5.5%
First-hand (new build)264,016−0.8%
Mortgaged sales166,682+30.9%
Sales to foreigners11,203−7.3%

Top buying nationalities

  • Russian Federation394
  • Iran189
  • Ukraine145

How to read these figures

Total sales are falling while mortgaged sales rise, which points to a market moving on credit rather than on cash. Foreign buyers remain close to one and a half per cent of all sales — meaning the Turkish housing market is domestic at its core and is not driven by demand from abroad.