In April 2026, 126,808 residential properties were sold in Turkey, up 2.6% year on year. However, the main market signal was not the overall increase, but the mortgage segment: mortgage-backed sales rose by 40.5% and reached 25,771 transactions. This accounted for 20.3% of all sales during the month.

🏡 This sharp increase points to the return of buyers using bank financing. For the Turkish market, this is important because mortgages expand the pool of potential buyers and improve liquidity, especially in major cities and new residential projects.

The rise in mortgage-backed transactions also coincided with stronger primary-market sales. In April, sales of newly built homes increased by 9.6%, reaching 40,306 units. This may support developers, especially projects offering instalment plans, bank financing options, and completed infrastructure.

📊 What this means for the market:

— domestic demand is becoming stronger;
— housing liquidity may improve, especially in Istanbul, Ankara, and Izmir;
— new-build projects gain an advantage over weaker secondary-market properties;
— investors should focus not only on the entry price, but also on future resale potential to local buyers.

At the same time, foreign demand remains weaker. In April, foreign buyers purchased 1,516 properties, down 1.1% year on year. In January-April 2026, sales to foreigners fell by 11.6%, reaching 5,861 units.

⏱️ The key takeaway is that Turkey’s property market is currently being supported not by foreign capital, but by local buyers. For investors, this is a positive signal, as a market with strong domestic demand is usually more stable and more liquid when it comes to resale.

🔎 You can explore properties in Turkey for investment or living on our website.