A rise in housing supply and the return of residents to areas hit by Türkiye's devastating 2023 earthquakes have begun to ease rent inflation, a study by the country's central bank said Wednesday.
The quakes early on Feb. 6, 2023, were among Türkiye's worst disasters that destroyed or damaged hundreds of thousands of buildings across 11 provinces, leaving more than 53,000 dead.
Government-led reconstruction efforts ever since have sharply increased housing supply in the affected provinces that were home to nearly 15 million people.
More than 36,930 buildings in the region collapsed, while about 311,000 were rendered unusable.
The region's share of building occupancy permits issued across Türkiye rose to more than 20% in 2025, from an average of around 12% before the earthquakes, the Central Bank of the Republic of Türkiye (CBRT) said.
