June 2026 Housing Sales Hit Record: +16% YoY Growth and Surge in Primary Market

June 2026 saw housing sales climb to a 129,979 unit peak, delivering a fresh momentum boost to Turkey's real‑estate market.

Record‑Breaking Volumes and Year‑Over‑Year Surge

According to the Turkish Statistical Institute (TÜİK), housing transactions rose 16% YoY, marking the strongest June performance in the first half of the year.

■Total housing sales: 129,979 units (+16% YoY)

■Primary‑market sales: 43,406 units (+23.1%)

■Secondary‑market sales: 86,573 units (+12.5%)

■Highest June volume in the past four years

Primary‑Market Demand Takes Off

The share of primary‑market sales jumped to 33.4%, signalling renewed appetite for new‑build projects.

■Primary sales accounted for 33.4% of total transactions

■Since 2020, primary‑market share has hovered around 33%

■In the 2015‑2020 window, the share was near 48%

■Credit‑linked sales rose despite unchanged mortgage rates, underscoring strong underlying demand

Financing Conditions and Interest‑Rate Dynamics

Industry leaders note that while mortgage rates have not yet fallen to target levels, easing credit access has helped sustain demand.

■Mortgage‑linked sales surged 72.1% YoY to 25,993 units

■Mortgage sales now represent 20% of total volume

■Alternative payment schemes (installment plans, promissory‑note sales) are the main engine keeping the market alive

■Experts argue that optimal mortgage rates should sit at 1%, well below current levels

Voices from the Frontline

Ziya Yılmaz, Chairman of KONUTDER, said, “June’s sales hitting the year’s highest level shows demand remains vibrant,” adding that the shift of May‑month Ramadan‑holiday transactions into June amplified the performance.

■Mustafa Kemal Şahin (GAPAS) hailed the 23.1% jump in primary sales as “extremely positive for the sector.”

■Hakan Şişik (AYİDER) described the mortgage surge as “evidence of sustained activity on the banking side.”

■Selman Özgün (Helmann Holding) noted that mortgage rates have turned upward again, yet the ideal rate should be 1%.

■Didem Güneş (Ege Yapı GYO) observed that the primary‑market boost signals a revival for branded projects.

Expert Note (Seda Çetin): June’s data suggest a dip‑reversal in housing demand, but a durable recovery hinges on further credit‑condition improvements. HFT algorithms will translate these demand spikes into real‑time liquidity flows and swap‑market rate expectations. The 72.1% jump in mortgage‑linked sales could briefly compress bank‑balance‑sheet risk premiums, leading to modest narrowing of swap spreads and a slight dip in bond yields. Should primary‑market mortgage rates drift toward 1%, the second half of 2026 could see a surge in new‑project supply, bolstering construction‑sector employment and ancillary industries.