Resale Property Prices Under Scrutiny as Türkiye’s Market Heats Up

Türkiye’s real estate sector is experiencing a strong wave of activity in 2025 — but with that growth has come some unintended consequences, especially in the resale market. As demand climbs, many second-hand property listings are showing sudden and sharp price increases, raising eyebrows among both buyers and regulators.

Industry insiders report that in just a matter of weeks, homes once priced at 7 million TL are now appearing on the market at 9 million TL, without significant changes to justify the hike.

A Booming Market in 2025

The housing sector has seen remarkable recovery this year. Data shows that home sales in July 2025 increased by 12.4% compared to the same month last year, totaling 142,858 transactions. From January to July, sales reached 834,751 units — a 24.2% year-on-year increase.

Experts believe Türkiye could surpass the record set in 2020, when 1.49 million homes were sold. If current trends continue, 2025 may become a historic year for real estate.

Price Surges in Second-Hand Listings

The most dramatic increases are taking place in the resale market. Reports indicate that property prices are climbing by an average of 20–25%, particularly in metropolitan areas such as Istanbul, Ankara, and Izmir.

For example, a standard 2+1 apartment that was listed earlier in the year for 7 million TL is now being marketed at well over 9 million TL. In many cases, these jumps are linked more to opportunistic practices than actual market conditions.

Ministry Action Against Manipulation

Authorities are keeping a close eye on these trends. The Ministry of Trade has stepped up its oversight, tracking listing IDs, deed information, and seller details to identify suspicious activity.

Some of the tactics under scrutiny include:

  • Temporarily removing listings and reposting them at higher prices.

  • Adjusting prices multiple times within a single day.

  • Incrementally raising prices above nearby comparable listings.

Such practices, when carried out without valid justification, fall under market manipulation and can result in serious penalties.

What Buyers and Sellers Should Know

For consumers, the message is clear: stay vigilant and well-informed. Buyers should compare listings carefully, seek professional advice, and avoid rushing into deals. Sellers, on the other hand, are advised to follow fair pricing practices — not only to comply with regulations but also to maintain long-term trust in the market.

Conclusion: Balancing Growth with Responsibility

With sales momentum building toward what could be a record-breaking year, Türkiye’s property market stands at a turning point. Sustainable growth depends on transparency, accountability, and responsible practices. By monitoring unfair pricing behavior, the government aims to protect both local and international buyers while keeping the market healthy and competitive.