Türkiye Real Estate Market in April 2026: Key Figures and Trends

According to the Turkish Statistical Institute (TÜİK), the real estate market in Türkiye showed moderate growth in April 2026, while the structure of demand continued to shift.

Total Sales

A total of 126,808 residential properties were sold in April, marking a 2.6% increase compared to April 2025.

Breakdown by major cities:

• Istanbul — 18,645 transactions
• Ankara — 10,889 transactions
• Izmir — 7,014 transactions

Lowest sales were recorded in:

• Ardahan — 22 transactions
• Hakkari — 53 transactions
• Tunceli — 75 transactions
  
  

Mortgage Sales

Mortgage-financed transactions reached 19,531 units, reflecting a 40.5% year-on-year increase.

Share of total sales:

• 15.4% of all transactions

Out of these:

• 4,245 units were first-time (new build) sales
  
  

Primary vs Secondary Market

• Primary market (new properties):
  39,733 units (+6.2%)
  Market share — 31.3%
• Secondary market:
  87,075 units (+1.0%)
  Market share — 68.7%
  
  

Sales to Foreign Buyers

Foreign nationals purchased 1,516 properties, which is a 1.1% decrease compared to the previous year.

Share of total market:

• Approximately 1.2%

Top cities for foreign buyers:

• Istanbul — 528 units
• Antalya — 497 units
• Mersin — 117 units
  
  

Top Foreign Buyers by Nationality

• Russia — 263 transactions
• China — 110 transactions
• Iran — 100 transactions

Notably, China ranked second for the first time, indicating a shift in the geography of foreign demand.

Key Takeaways

April 2026 highlights several important trends:

• Moderate market growth (+2.6%)
• Strong rebound in mortgage sales (+40.5%)
• Continued dominance of the secondary market (68.7%)
• Declining share of foreign buyers (1.2%)

Overall, Türkiye’s real estate market remains resilient, driven primarily by domestic demand, while the surge in mortgage transactions suggests that buyers are gradually adapting to current financing conditions.

Currently, Alanya offers particularly attractive prices on resale properties near the sea. At the same time, there are fewer new developments on the market, which creates limited supply and makes this a favorable moment to purchase ready-to-move-in coastal real estate. In Istanbul, meanwhile, there are active projects with hotel-style infrastructure where buyers can purchase property with installment payment plans directly from developers, lowering the entry threshold for investors. For more details, please contact the online chat on the website.