Türkiye sees over 113,000 house sales in March

Türkiye sees over 113,000 house sales in March

Mortgage-financed sales surge 35.9%, foreign purchases decline

A total of 113,367 houses were sold in Türkiye in March, down 2.1% from a year earlier, according to the Turkish Statistical Institute (TurkStat) on Friday.

The figure compares with 115,788 housing sales recorded in March 2025.

Istanbul led the market with 21,665 sales, followed by Ankara with 10,236 and Izmir with 7,278.

New home sales rose 1.3% year-on-year to 35,725 units, while second-hand sales fell 3.6% to 77,642 units.

Mortgage-backed sales jumped 35.9% to 25,978 homes, accounting for 22.9% of total transactions.

Sales to foreign buyers declined 20% to 1,353 units, with Russians, Iranians and Germans among the top purchasers.

In the first three months of the year, total house sales stood at 349,396 units, down 0.3% year-on-year.