Turkey House Price Index and New Tenant Rent Index
The central bank's monthly residential property price index and new tenant rent index: how much house prices and new rents changed in a year in Türkiye and in Istanbul, Ankara and Izmir; TurkStat's monthly house sales.
The central bank's residential property price index rose 22.34% in the year to September 2026; the new tenant rent index rose 26.61% over the same period. In Istanbul house prices rose 26.79% and new rents 35.53%. By TurkStat data, 142,390 homes were sold in September 2026, down 9.26% on a year earlier.
House prices (annual)
22.34%
September 2026
New rents (annual)
26.61%
September 2026
Istanbul house prices
26.79%
September 2026
House sales
142,390
September 2026 · annual -9.26%
Read from EVDS: Oct 27, 2026, 16:00
House prices and rents chart
September 2026
- House prices (annual)22.34%
- New rents (annual)26.61%
The annual rise in house prices: latest 22.34% (September 2026). Between January 2017 and September 2026, the highest was 186.79% (October 2022) and the lowest 1.15% (June 2019).
House sales chart
September 2026
- Homes sold142,390
Monthly house sales: latest 142,390 (September 2026). Between January 2013 and September 2026, the highest was 265,223 (December 2025) and the lowest 45,218 (April 2020).
Annual change by city (September 2026)
| Region | House prices | New rents |
|---|---|---|
| Türkiye | 22.34% | 26.61% |
| Istanbul | 26.79% | 35.53% |
| Ankara | 22.03% | 25.11% |
| Izmir | 20.97% | 23.71% |
Türkiye, last 12 months
| Month | House prices | New rents |
|---|---|---|
| September 2026 | 22.34% | 26.61% |
| August 2026 | 22.90% | 26.34% |
| July 2026 | 24.91% | 28.37% |
| June 2026 | 24.40% | 29.22% |
| May 2026 | 24.49% | 30.44% |
| April 2026 | 26.59% | 31.72% |
| March 2026 | 26.25% | 34.45% |
| February 2026 | 26.30% | 34.17% |
| January 2026 | 27.64% | 34.26% |
| December 2025 | 28.97% | 36.04% |
| November 2025 | 31.32% | 37.35% |
| October 2025 | 31.63% | 39.33% |
House sales, last 12 months
In September 2026, 22,212 homes were sold in Istanbul, 12,406 homes were sold in Ankara, 7,535 homes were sold in Izmir. Mortgaged sales are those financed with a housing loan; a first-hand sale is the first sale of a new home.
| Month | Total | Annual change | Mortgaged | First-hand | Second-hand |
|---|---|---|---|---|---|
| September 2026 | 142,390 | -9.26% | 23,397 | 51,519 | 90,871 |
| August 2026 | 127,410 | -14.74% | 22,131 | 44,378 | 83,032 |
| July 2026 | 123,603 | -17.01% | 23,888 | 42,529 | 81,074 |
| June 2026 | 129,979 | 15.85% | 25,993 | 43,406 | 86,573 |
| May 2026 | 93,333 | -31.20% | 19,754 | 30,196 | 63,137 |
| April 2026 | 126,808 | 2.62% | 25,771 | 40,306 | 86,502 |
| March 2026 | 113,367 | -2.09% | 25,978 | 35,725 | 77,642 |
| February 2026 | 124,549 | 5.92% | 25,035 | 37,785 | 86,764 |
| January 2026 | 111,480 | -4.74% | 20,263 | 34,069 | 77,411 |
| December 2025 | 265,223 | 19.41% | 30,604 | 101,721 | 163,502 |
| November 2025 | 146,989 | -8.02% | 22,523 | 49,174 | 97,815 |
| October 2025 | 170,955 | -0.39% | 24,684 | 57,675 | 113,280 |
About the indices
- The residential property price index and the new tenant rent index are published monthly by the Central Bank of the Republic of Türkiye; changes are calculated from the index values and are nominal (not adjusted for inflation).
- The new tenant rent index follows the rents of newly let homes; rent increases of sitting tenants are subject to the legal cap (rent increase rate page).
- Regions follow the NUTS level 2 classification: TR10 Istanbul, TR51 Ankara, TR31 Izmir.
- House sales come from TurkStat's house and workplace sales statistics (land registry records; workplaces excluded); the annual change compares a month with the same month a year earlier.
Source: Central Bank of the Republic of Türkiye, residential property price index and new tenant rent index; TurkStat, house sales statistics; Electronic Data Delivery System (EVDS).
Related pages
Frequently asked questions
How much did house prices rise in a year?
By the central bank's house price index, prices in Türkiye rose 22.34% in the year to September 2026.
What is the new tenant rent index?
A monthly central bank index that follows the rents of newly let homes. Rent increases of sitting tenants are subject to the legal cap.
Did house prices beat inflation?
The index is nominal. For the real change, compare the annual rise with annual inflation over the same period; current inflation is on the inflation page.
How many homes are sold a month?
By TurkStat data, 142,390 homes were sold in Türkiye in September 2026, down 9.26% on a year earlier.