House sales in Türkiye up 6.8% year-on-year in August

As many as 143,319 houses sold in country last month

By Mucahithan Avcioglu

ISTANBUL (AA) - House sales in Türkiye increased 6.8% on an annual basis in August, reflecting a strong demand across the country, the Turkish Statistical Institute (TurkStat) said on Tuesday.

A total of 143,319 homes changed hands during the month, with Istanbul leading the market, having sold 21,814 units.

The capital Ankara followed with 12,419 sales, while the Aegean city of Izmir recorded 7,695 sales.

New home sales climbed 4.8% year-on-year to 43,916 units, while second-hand sales jumped 7.8% to 99,403 units.

Mortgage-financed sales surged 45.2% in August compared to a year earlier, totaling 19,712 homes and representing 13.8% of all transactions.

On the other hand, sales to foreign buyers saw a year-on-year decline, with 1,810 homes sold to non-Turkish citizens — a 19.8% decrease from last year.

Russians, Iranians, and Germans accounted for the highest number of foreign purchases in August.

For the first eight months of 2025, total house sales reached 978,070 units, marking a 21.3% increase over the same period in 2024, TurkStat said.

Kaynak: