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In Turkey, house prices continue to grow strongly in nominal terms, mainly due to high inflation and strong demand. However, real house price growth is more moderate in 2024. Nominal price growth is expected to slow in 2025, reflecting a stabilisation of market conditions. Analysts forecast that it will be between 3 and 5%, providing a solid base for investors.
The rental market is expected to remain stable, particularly in major cities and popular tourist areas. Rising interest rates may discourage some local buyers from purchasing property, which in turn will increase demand for rental accommodation. All in all, 2025 promises to be a stable and predictable year for the Turkish property market, for both buyers and renters.
