According to the Turkish Statistical Institute (TÜİK), home sales in September 2026 reached about 142,390 units; new homes rose 3.9% and second-hand homes fell 15.3% year on year.
Why it matters to investors:Foreign demand rose year on year while second-hand sales fell; Iraq ranked second after Russia among nationalities this month.
According to an Emlakjet report using Endeksa data for September, the average home price in Türkiye was 5,412,500 lira and the price per square metre 43,300 lira/m², up 22.5% in nominal terms and down 6.2% in real terms.
Why it matters to investors:Istanbul recorded stronger nominal growth than the national average, while the price per square metre remains negative in real terms after inflation; these figures describe a past period and are not a forecast.
On 22 October the Central Bank of the Republic of Türkiye cut the policy rate from 37% to 36% (the first cut in 9 months), set overnight lending and borrowing at 39% and 34.5%, and pointed to a decline in the underlying inflation trend amid weak domestic demand.
Why it matters to investors:The policy rate affects the cost of property financing within Türkiye, and the exchange rate sets the dollar value of property priced in lira and the dollar-denominated citizenship threshold.