Türkiye: Mortgage-Backed Home Sales Jump 72,1% in June, Total Market Still Down for First Half

TR
20.07.2026

According to Türkiye's statistical institute TÜİK, as reported by A Haber, total house sales across Türkiye rose 15,8% year on year in June 2026, climbing from 112.196 units in June 2025 to 129.979. The strongest gain came in mortgage-financed purchases, which increased 72,1% to 25.993 sales and now account for 20% of all housing transactions. Non-mortgage sales, covering cash and other payment methods, rose 7,1% to 103.986 and still made up 80% of the market.

First-hand, meaning newly built, home sales rose 23,1% to 43.406 units in June, while secondhand sales gained 12,5% to reach 86.573, keeping a 66,6% share of the total. For the first six months of 2026, however, cumulative sales fell 3,1% year on year to 699.516 units. Within that period mortgage-backed sales rose 32,2% to 142.794, while non-mortgage sales dropped 9,3% to 556.722, pulling the half-year total lower despite the June rebound.

Sales to foreign buyers increased 20,1% year on year in June to 2.015 units, a 1,6% share of total housing sales, even though the January-June foreign total fell 9,2% to 9.083. Buyers from the Russian Federation accounted for the largest group at 381 units, followed by citizens of Ukraine and Iran, who shared second place with 170 sales each.

Non-residential property sales

Workplace, meaning non-residential commercial property, sales rose 19,2% year on year in June to 16.565 units. First-hand workplace sales climbed 30,8% to 5.126 and secondhand sales rose 14,6% to 11.439. Mortgage-financed workplace sales jumped 86,7% to 745 units in June. For the first half of 2026, total workplace sales fell 5,3% to 85.528, while mortgage-backed workplace sales for the same six months rose 66,6% to 4.005. On a calendar-adjusted basis, TÜİK data show first-hand home sales down 1,5% and secondhand sales down 8,6% year on year in June.