🏠 Turkey home sales hit year-to-date high as mortgaged buying rebounds

Turkey’s housing market posted its strongest monthly sales performance of 2026 in June, while mortgaged purchases climbed sharply and the residential price index continued to rise in nominal terms. The latest data point to renewed activity even as inflation and financing conditions keep shaping buyer behavior.

According to reporting in Daily Sabah, June home sales reached 129,979 units, the strongest month so far this year, supported by a rise in mortgaged transactions. The Residential Property Price Index rose nearly 2% month on month and 24.5% from a year earlier in nominal terms, while remaining below inflation-adjusted levels, indicating that real prices continued to decline.

Why it matters for investors

The combination of stronger transaction volume and resurgent mortgage usage suggests that demand in Turkey’s residential market is no longer relying only on cash buyers. For international investors, that matters because higher leverage can support liquidity, while persistent inflation can still compress real returns unless acquisition timing and financing terms are disciplined. The data also reinforces the role of property as a gateway segment for foreign buyers, including those using Turkey’s citizenship-linked real estate route.

The latest figures point to a market where transaction momentum is improving, but pricing and financing conditions remain the main determinants of investor performance.