October 2026 at a Glance

House Prices and Trends

The national house price index for Turkey rose 28.5% year on year in Q4 2024 and was +6.7% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +49.7%, so growth has cooled over twelve months. The latest quarter shows annual growth decelerating from its previous reading — a sign that the upswing is maturing.

House price index, % change year on yearQ2 2024+49.7%Q3 2024+33.3%Q4 2024+28.5%

Financing and Interest Rates

The Central Bank of Türkiye’s policy rate was 37.00% in September 2026 (BIS, Central bank policy rates). The easing cycle — 3.50 points lower than a year ago — is the main tailwind for demand.

Turkey in the News

• Buying Property in Turkey : All You Need To Know in 2026 – Get Golden Visa (Get Golden Visa, 22 Sep 2026)
• Turkey real estate market in 2026—2030: prices, rent, and the opportunity to obtain citizenship by investment – The National Law Review (The National Law Review, 25 Aug 2026)
• In 2024, Texas’ largest wildfire burned about 46,000 acres of the 77,721-acre Turkey Track Ranch; after r – The Times of India (The Times of India, 7 Oct 2026)
• 40% Increase: Significant Growth in Real Estate Purchases by Iranians in Turkey – صوت الإمارات (صوت الإمارات, 20 Sep 2026)
• 33 jailed in $72 million citizenship fraud probe in Turkey – Turkish Minute (Turkish Minute, 25 Sep 2026)
• Turkey Identifies Another 1,070 People Who Obtained Citizenship Through Fake Real Estate Transactions – Ukraine open for business (Ukraine open for business, 23 Sep 2026)

Reading the Trend

What to watch next month

• The next quarterly release of the house price index for Turkey (Q4 2024 is the latest) — whether annual growth keeps slowing.
• Upcoming decisions by the Central Bank of Türkiye — any move from 37.00% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Sources

• Eurostat, House price index (prc_hpi_q)
• BIS, Central bank policy rates
• Headlines via Google News RSS; content belongs to the linked publishers.

Previous edition: Turkey Real Estate Market Report — September 2026

Cover photo: Turkey vulture (Cathartes aura) in flight by Charles J. Sharp via Wikimedia Commons, CC BY-SA 4.0.

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.