TÜİK Housing Sales Assessments, December – Erdal Albayrak

Erdal Albayrak, Chairman of the Board, Albayrak Beton:
“2025 Was a Year of Recovery for Our Sector”

When we look at annual home sales, we see that the figures increased by 14.3% to 1,688,910. This met the sector’s expectation of a record. In the last quarter of 2025, we experienced a slightly more comfortable period compared to earlier phases. In general, the units that sold quickly this year were apartments priced in the TRY 6–7 million range. Those producing housing in this segment were more fortunate. We can describe 2025 as a year of recovery for our sector.

In particular, volatility in investment instruments increased demand for housing and savings shifted toward real estate investment. However, the biggest factor in purchasing a home is loan interest rates. Rates are still very high. That is why, in the past, 7 out of 10 people who went to the bank would buy a home using a loan, whereas now only 2 out of 10 can use a loan.

If housing loan interest rates start to decline in 2026, we know the sector will gain strong momentum.