The average housing price in Istanbul exceeded 9 million TL

CBRT announced the Housing Price Index data for September.

The House Price Index increased by 1.2 percent in September compared to the previous month, increased by 22.3 percent in nominal terms and decreased by 5.7 percent in real terms compared to the same month of the previous year. Thus, there was a real decrease in housing in 29 of the last 30 months.

THE HIGHEST INCREASE IS IN ISTANBUL

When the annual housing price index changes of the regions are examined according to the Statistical Regional Units Classification, the highest annual increase in September was observed in the Istanbul region with 26.8 percent, and the lowest annual increase was observed in the Edirne, Kırklareli, Tekirdağ regions with 15.3 percent.

AVERAGE HOUSING PRICE ACROSS TURKEY IS 5 MILLION 388 THOUSAND TL

In the 3rd quarter of 2026, the average house price of 100 square meters across Türkiye increased to 5 million 388 thousand 690 TL. The average price in Istanbul was 9 million 84 thousand 350 TL. It turned out to be 4 million 924 thousand 430 TL in Ankara and 5 million 758 thousand 890 TL in Izmir.

NEW TENANT RENTAL INDEX ALSO DECREASED IN REAL TERMS

New Tenant Rental Index (YKKI) increased by 2.1 percent in September compared to the previous month, increased by 26.6 percent in nominal terms and decreased by 2.4 percent in real terms compared to the same month of the previous year.

When the annual new tenant rent index changes of the regions are examined according to the Statistical Regional Units Classification, the highest annual increase in September was observed in the Istanbul region with 35.5 percent, and the lowest annual increase was observed in the Edirne, Kırklareli, Tekirdağ regions with 18.8 percent.