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House price growth in Turkey

Are homes there getting further out of reach right now?

Turkey's house price growth is -3.28 % — #4 of 54 countries on the atlas (lower is better). Period 2026-Q1.

-3.28%

Checked 24 Sept 2026Period 2026-Q1

Source: BIS residential property prices

Real house prices in Turkey fell 3.3 % over the past year, adjusted for inflation.

House price growth in Turkey over time

57.25 %21.87 %-13.51 %57.25 % · Q1 2023-13.51 % · Q3 2024Q1 2011: 3.73 %Q2 2011: 3.08 %Q3 2011: 2.16 %Q4 2011: -0.06 %Q1 2012: -0.47 %Q2 2012: 0.85 %Q3 2012: 2.89 %Q4 2012: 4.05 %Q1 2013: 3.39 %Q2 2013: 3.85 %Q3 2013: 2.79 %Q4 2013: 4.57 %Q1 2014: 3.53 %Q2 2014: 2.20 %Q3 2014: 3.24 %Q4 2014: 4.32 %Q1 2015: 7.30 %Q2 2015: 8.21 %Q3 2015: 7.61 %Q4 2015: 6.94 %Q1 2016: 5.26 %Q2 2016: 5.48 %Q3 2016: 4.15 %Q4 2016: 3.80 %Q1 2017: 1.55 %Q2 2017: 0.22 %Q3 2017: -0.48 %Q4 2017: -2.31 %Q1 2018: -1.94 %Q2 2018: -3.90 %Q3 2018: -9.59 %Q4 2018: -12.67 %Q1 2019: -13.20 %Q2 2019: -13.08 %Q3 2019: -7.71 %Q4 2019: -2.29 %Q1 2020: 2.51 %Q2 2020: 7.13 %Q3 2020: 14.97 %Q4 2020: 15.71 %Q1 2021: 13.74 %Q2 2021: 14.70 %Q3 2021: 11.77 %Q4 2021: 18.56 %Q1 2022: 24.19 %Q2 2022: 39.75 %Q3 2022: 54.89 %Q4 2022: 52.48 %Q1 2023: 57.25 %Q2 2023: 46.30 %Q3 2023: 24.05 %Q4 2023: 15.08 %Q1 2024: -2.09 %Q2 2024: -13.11 %Q3 2024: -13.51 %Q4 2024: -12.34 %Q1 2025: -5.63 %Q2 2025: -2.52 %Q3 2025: -0.84 %Q4 2025: -0.75 %Q1 2026: -3.28 %Q2 2026: -5.46 %Q1 2011Q4 2018Q2 2026-5.46 %
62 official observations, Q1 2011 → Q2 2026. Every point is a published value — never interpolated.
Rank
#4 of 54
lower is better
Ranked behind
93 %
50 of 54 countries
Latest move
▼ 2.17 pp
since Q1 2026
Year on year
▼ 2.94 pp
over 12 months
Below its peak
62.70 pp
peak 57.25 % in Q1 2023
Full series
▼ 9.19 pp
since Q1 2011

In Asia: #2 of 12vs median 2.42 %: −5.70 pp (better)

Among 54 countries

2 of 54 countries between -6.72 % and -6.02 %2 of 54 countries between -3.94 % and -3.24 %4 of 54 countries between -3.24 % and -2.55 %3 of 54 countries between -2.55 % and -1.85 %1 of 54 countries between -1.85 % and -1.16 %2 of 54 countries between -1.16 % and -0.46 %3 of 54 countries between -0.46 % and 0.23 %4 of 54 countries between 0.23 % and 0.93 %2 of 54 countries between 0.93 % and 1.62 %2 of 54 countries between 1.62 % and 2.32 %9 of 54 countries between 2.32 % and 3.01 %1 of 54 countries between 3.01 % and 3.71 %3 of 54 countries between 3.71 % and 4.40 %1 of 54 countries between 5.10 % and 5.79 %1 of 54 countries between 5.79 % and 6.49 %3 of 54 countries between 6.49 % and 7.18 %2 of 54 countries between 7.18 % and 7.88 %4 of 54 countries between 7.88 % and 8.57 %5 of 54 countries between 9.27 % and 9.96 %median 2.40 %Turkey: ahead of 93 % of the 54 countries with a published house price growthTurkey -3.28 %-6.72 %9.96 %
Half of all 54 countries sit between -0.47 % and 6.20 %. Turkey is ahead of 93 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryHouse price growthvs Turkey
2 Canada-6.72 %−3.43 pp
3 New Zealand-3.72 %−0.43 pp
4 Turkey-3.28 %—
5 Israel-3.22 %+0.06 pp
6 Luxembourg-2.81 %+0.48 pp

Real year-on-year change in residential property prices (BIS). Framed for buyers — slower growth is greener; homeowners may read it the other way.

How to read this figure

Real year-on-year change in residential property prices from the BIS — inflation-adjusted, so it shows whether homes beat or trailed prices in general. Base-independent, which is what makes ~60 countries honestly comparable in one ranking. The colour scale takes the buyer’s side (slower growth = greener); an existing owner may read it the opposite way.

Next, about Turkey

House price growth since 2015
House price growth, all countries ranked →Compare Turkey with another country →Everything about Turkey →
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