The Turkish Statistical Institute (TUIK) has published its report on real estate sales statistics for 2024.
A Total of 1,478,025 Properties Sold in Turkey in 2024
In 2024, 1,478,025 residential properties were sold in Turkey, reflecting a 20.6% increase compared to 2023. Istanbul recorded the highest number of sales wi...
The General Directorate of Land Registry and Cadastre has introduced the 3D City Models Production and 3D Cadastre Base Formation Project to modernize property registration and planning processes. Starting January 1, 2025, architectural plans and 3D digital building models must be submitted in a secure electronic format for all co...
The Turkish Statistical Institute (TUIK) has published the report on property sales statistics of 2023.
A Total of 1,225,926 Properties were Sold in Turkey, 2023
In 2023, Turkey witnessed the sale of 1,225,926 residential properties, marking a 17.5% decrease compared to the previous year. Istanbul led the sales with 19...
Overview of the 2023 Turkish Property Market
A notable rise in property prices has been noticed since early 2023, with an increase of 109%. By August 2023, the average price for a home in Turkey reached about $100,316. This is a sharp increase from the end of summer 2022, when the average was $81,510, and the annual price growth was even more...