Türkiye's October House Sales Hit 2025 Peak Despite Minor Yearly Decline

Türkiye Reaches New House Sales Peak in October 2025

In October 2025, Türkiye witnessed a noticeable development in its real estate sector, achieving a new peak with 164,306 house sales. This marks the highest monthly sales since December 2024, despite a slight year-on-year decrease of 0.5%. According to data from the Turkish Statistical Institute (TurkStat), the decline was primarily seen in new home sales, which dropped by 4.9%, while second-hand sales experienced a growth of 1.8%.

This performance reflects the resilient nature of Türkiye's housing market, amidst global economic challenges and higher borrowing costs. Notably, mortgage-financed sales surged by 11.5%, making up 14.3% of all transactions. Istanbul led with the highest sales numbers, followed by Ankara and Izmir, maintaining their status as key urban centers for real estate activity.

Mortgage-financed sales rise 11.5%, totaling 23,527 homes.

Significant Growth in Mortgage-Financed Transactions

A key highlight from October 2025 was the remarkable increase in mortgage-financed house sales, which rose by 11.5% compared to the previous year. This surge underscores the growing reliance on financing options despite elevated borrowing costs. As reported by US Muslims, mortgage-backed sales constituted 14.3% of all transactions, with a total of 23,527 homes sold through this method.

The preference for mortgage financing signals confidence among buyers in the stability of Türkiye's housing market. This trend may be linked to favorable lending policies or incentives, encouraging more buyers to pursue homeownership despite financial challenges. RealEstateAbroad.com analysis suggests that the stability of mortgage rates and the availability of flexible financing could further boost this segment.

Istanbul Dominates Türkiye's Housing Market

Istanbul remains the epicenter of real estate activity in Türkiye, recording the highest number of property transactions in October 2025. The city accounted for 26,305 units, showcasing its continued appeal as a thriving urban hub. According to Ilke News Agency, this dominance is attributed to the diverse range of properties available, from luxury residences to affordable housing options.

The city's strategic position as an economic and cultural center makes it a magnet for both domestic and international buyers. RealEstateAbroad.com notes that Istanbul's infrastructure developments and urban regeneration projects are further enhancing its real estate value, attracting investors seeking long-term returns and capital appreciation.

Foreign Buyer Activity Shows Slight Decline

Despite the robust local market, sales to foreign buyers experienced a slight dip in October 2025, decreasing by 0.8% year-on-year. The Daily Sabah reports that a total of 2,106 houses were sold to foreigners during this period. This represents 1.3% of total sales, down from previous years.

Russians, Germans, and Iranians remained the top foreign buyers, reflecting their sustained interest in Türkiye's real estate market. However, geopolitical tensions and currency fluctuations may have contributed to the overall decrease in foreign purchases. Despite this, Türkiye continues to be an attractive destination for international investors, offering competitive property prices and potential for high returns.

Year-to-Date Sales Show Strong Growth Despite Challenges

From January to October 2025, Türkiye's total housing sales rose by 16.2% year-on-year, reaching 1.29 million units. This growth is significant, considering the global economic conditions and rising interest rates that have impacted real estate markets worldwide. According to Turkiye Today, this sustained momentum indicates the resilience and adaptability of Türkiye's housing market.

The increase in second-hand sales, coupled with the rise in mortgage-backed transactions, suggests a shift in buyer preferences towards established properties and reliable financing options. RealEstateAbroad.com analysis highlights the importance of monitoring these trends for investors, as they may influence future market dynamics and investment strategies.

Future Implications for Türkiye's Real Estate Market

Looking ahead, the outlook for Türkiye's real estate market remains optimistic, with potential for continued growth and development. The current trends in mortgage financing and the preference for second-hand properties are likely to persist, providing stability in the face of economic uncertainties. As Select Turkey suggests, ongoing urban development projects and government policies may further enhance market conditions, attracting both domestic and international investors.

For real estate professionals and investors, understanding these dynamics is crucial in strategizing for the future. RealEstateAbroad.com recommends staying informed on policy changes and market shifts to capitalize on emerging opportunities within Türkiye's vibrant real estate sector.