Türkiye house sales hit year-to-date peak as mortgaged purchases surge

Home sales in Türkiye neared 130,000 units, driven by a sharp rise in mortgage-backed purchases, registering their strongest monthly performance of 2026 and the highest June figure in four years, official data showed on Friday.

According to the Turkish Statistical Institute (TurkStat), total house sales rose almost 16% year-over-year last month to 129,979 units.

Sales of newly built homes climbed 23.1% to 43,406 units, while secondhand home sales rose 12.5% to 86,573 units.

Mortgaged home sales surged 72.1% year-over-year to 25,993 units, accounting for 20% of all transactions and reflecting stronger demand despite elevated borrowing costs.

However, cumulative home sales in the first six months of the year fell 3.1% from the same period of 2025 to 699,516 units. Mortgaged sales increased 32.2% to 142,794.