Evaluating 2025 and sharing his outlook for 2026, Erdal Albayrak, Chairman of the Board of Albayrak Beton, said: “Although 2025 was not a very good year, we had a more comfortable period in the last quarter. However, there is accumulated pent-up demand for housing. We expect this demand to be activated as of 2026, and housing sales to increase much more rapidly starting in March 2026. We can even say that 2026 could be a year in which new records are broken.”
As we prepare to leave another year behind, Erdal Albayrak, Chairman of the Board of Albayrak Beton, evaluated 2025 and shared his expectations and forecasts for 2026.
Recalling that the upturn in housing sales, which began toward the end of 2024 in an otherwise sluggish construction sector, continued throughout 2025, Albayrak noted that this movement was seen in the sales of lower-priced homes. Pointing out that the partial decline in interest rates and fluctuations in investment instruments increased demand for housing, Albayrak said: “We see that a shift began in the sector in the last quarter of 2024 and, after a long period of stagnation, housing sales tended to move upward. The partial decline in interest rates and the fluctuations in investment instruments boosted demand for the housing sector, and people chose to invest their money in housing.
However, 2025 was not a very good year for the sector overall. The negative effects of the difficulty in accessing financing in the markets were seen in our sector as in many others. Even so, in the last quarter of the year we had a somewhat more comfortable period compared to previous periods. Generally, the units that sold quickly this year were those priced in the 6–7 million lira band. Those producing this type of housing were luckier, while it was not possible to speak as positively for companies operating in the higher-end segments.”
Stating that they expect the sector to catch its breath a bit more in 2026, Albayrak said, “Pent-up demand has accumulated. As of 2026, we expect this accumulated demand to be activated, and we anticipate that housing sales will increase much more rapidly starting in March 2026. We can even say that 2026 could be a year in which new records are broken.
In addition, for our sector to reclaim its place as a locomotive of the economy, a set of measures such as resolving the problem of finding land, balancing construction cost inputs, creating supports to accelerate urban transformation, and securing sustainable financing sources would also contribute to the sector.”