Country Watch | 18 October 2026 | Türkiye
TurkStat's 16 October release on September 2026 property transactions reported 51,519 first-hand dwelling sales and 90,871 second-hand sales. Together, those categories imply 142,390 dwelling transactions, with existing homes accounting for the larger share. This split is useful because activity in existing homes does not necessarily translate into an equivalent burst of new construction or housing supply.
Nominal house prices, transaction counts and inflation-adjusted affordability are different measures. A more active resale market can coexist with expensive mortgage credit and weak construction investment. To understand the housing market, readers should compare transactions with financing methods, prices relative to incomes, new housing completions and regional variation. The headline count is a starting point for a debate about access to homes, not a verdict that housing has become affordable.
The issue is open to competing interpretations and future data may change the picture.
Discussion question: Does Türkiye need more housing construction, cheaper mortgage credit, or better use of existing homes to improve affordability?
— Forgotten Fortunes Editorial