House sales in Türkiye jump nearly 36% in June as demand surges

Foreign buyers, mortgage sales, and second-hand market see strong growth

By Mucahithan Avcioglu

ISTANBUL (AA) - House sales in Türkiye soared 35.8% year-on-year in June, reflecting strong demand across the country, the Turkish Statistical Institute (TurkStat) reported Thursday.

A total of 107,723 homes changed hands during the month, with Istanbul leading the market at 17,656 units sold. The capital Ankara followed with 9,428 sales, while the Aegean city of Izmir recorded 5,987.

Sales to foreign buyers also rose, with 1,565 homes sold to non-Turkish citizens -- an 8.7% increase from last year. Russians, Ukrainians, and Iranians accounted for the highest number of foreign purchases.

New home sales climbed 32% year-on-year to 33,569 units, while second-hand sales jumped 37.6% to 74,154 units.

Mortgage-financed sales surged 112.6% in June compared to a year earlier, totaling 14,484 homes and representing 13.4% of all transactions.

For the first half of 2025, total house sales reached 691,893 units, marking a 26.9% increase over the same period in 2024, TurkStat said.

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