Turkey Real Estate Market Update: Why Now Can Be the Right Time to Buy Property

According to the November 2025 Housing Sales Statistics published by the Turkish Statistical Institute (TURKSTAT), the Turkish real estate market continues to move with a cautious but stable outlook. In November, a total of 141,100 residential properties were sold across Turkey, representing a 7.8% decrease compared to the same month of the previous year.

At first glance, this decline may suggest a slowdown in the market. However, a closer look reveals significant opportunities for buyers and investors, particularly those with a medium- to long-term perspective.

Major Cities Remain the Core of Demand

In November, the highest number of home sales were recorded in:

• Istanbul: 24,234 units

• Ankara: 11,706 units

• Izmir: 8,540 units

These figures clearly show that demand remains strong in Turkey’s major metropolitan and economically developed regions. Rather than disappearing, demand has become more selective, while sellers are increasingly open to negotiation.

Year-to-Date Sales Continue to Grow

Despite the month-on-month decline, the broader picture remains positive. During January–November 2025, total housing sales increased by 13.3% to over 1.43 million units nationwide.

This indicates that the recent slowdown is likely temporary, while the long-term trend of the Turkish housing market continues to point upward. Factors such as:

• Inflation expectations

• Changes in interest rate policies

• Continued demand from foreign buyers purchasing in foreign currencies

all support Turkey’s real estate market as a strong medium- and long-term investment destination.

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Market Slowdown or Buying Opportunity?

Periods of slower sales activity often create the most favorable conditions for buyers. In today’s market:

• Negotiation power is higher

• Sellers are more flexible

• Developers are offering campaigns and attractive payment plans

This environment is particularly advantageous for first-time buyers, investors, and international purchasers.

Historically, temporary slowdowns in the housing market have often been followed by periods of price appreciation. For this reason, current conditions may offer a strategic entry point for those looking to invest in the right location and the right project, rather than waiting on the sidelines.

Conclusion: The Right Time for the Right Investment

The November 2025 data points to a cautious but balanced phase in the Turkish real estate market. While short-term fluctuations are present, property in Turkey continues to offer:

• A relatively secure investment

• Protection against inflation

• Strong long-term value potential

With the right location, the right property, and professional guidance, today’s market conditions can turn into tomorrow’s gains.