In August 2025, a total of 143,319 homes were sold in Türkiye, up 6.8% compared to the same month last year. This information comes from the latest report published by the Turkish Statistical Institute (TUIK). The report also provides updated data on construction activity and rising building costs in Türkiye.
The top cities by number of transactions remain:
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Istanbul — 21,814
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Ankara — 12,419
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Izmir — 7,695
The lowest housing sales were recorded in:
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Ardahan — 49
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Bayburt — 105
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Tunceli — 138
From January to August 2025, total housing sales increased by 21.3%, reaching 978,070 units.
Mortgage Transactions
In August, 19,712 homes were sold through mortgages, up 45.2% year-on-year. Mortgages accounted for 13.8% of all sales.
From January to August, mortgage transactions increased by 84.6% to 141,227, of which 4,709 in August and 33,593 over 8 months were primary homes.
Primary and Secondary Markets
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Primary market (newly built homes) in August: 43,916 sales (+4.8%), share 30.6%.
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Year-to-date: 295,524 (+15.4%).
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Secondary market (resale homes) in August: 99,403 sales (+7.8%), share 69.4%.
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Year-to-date: 682,546 (+24%).
Foreign Buyers
In August, sales to foreigners decreased by 19.8% to 1,810 units, representing only 1.3% of total sales.
Top cities among foreign buyers:
From January to August, foreigners purchased 13,077 homes, down 13.2% compared to the same period in 2024.
By nationality, the top buyers were:
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Russia — 283
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Iran — 155
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Germany — 118
Construction Production Index — July 2025
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Annual growth: 24.1%
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Residential construction: +26.2%
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Non-residential buildings: +16.4%
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Private construction work: +22.6%
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Monthly growth: 1.9%
Construction Cost Index — July 2025
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Total costs: +22.98% year-on-year, +1.41% month-on-month
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Materials: +18.98% year-on-year, +1.79% month-on-month
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Labor: +31% year-on-year, +0.72% month-on-month
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Residential construction: +22.81% year-on-year, +1.21% month-on-month
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Non-residential buildings: +23.51% year-on-year, +2.06% month-on-month
Given the ongoing growth in sales and construction costs, the Turkish real estate market remains attractive for investment. Increasing domestic demand highlights the importance of timely investments in new, modern housing in high-demand cities like Istanbul and the resort province of Antalya.
For investment consultations on construction projects and property purchases in Türkiye, leave a request in the website’s online chat, submit a callback request, or contact the local office by phone.