The most notable recent news from the Turkish and international property markets, summarised briefly with links to the original sources.
Turkish Home Prices Climb Nominally Yet Inflation Erodes Gains
House prices rose in nominal terms with the Residential Property Price Index up around 23-26% year-on-year in recent months, but real prices declined due to higher inflation. Domestic sales remain resilient with mortgage volumes increasing as borrowing costs ease slightly, while foreign buyer share stays low at about 1.3-1.6%.
Why it matters: This highlights ongoing pressure on real affordability in Turkey's housing market despite nominal growth and improving mortgage activity.
Source: RP Realty Plus, 10 October 2026
Foreign Buyers Continue Declining Share in Turkish Property Market
Foreign nationals bought 1,938 homes in August 2026, nearly flat year-on-year, with January-August total at 13,141 units, down 6.3%. They accounted for 1.5% of all transactions. Mortgage sales rose 7.2% to 22,131 while the price index increased 23.03% nominally.
Why it matters: It shows foreign demand has stabilized at a low level while domestic credit-supported purchases gain ground.
Source: International Investment, 7 October 2026
Turkey Postpones Mandatory Secure Payment System for Property Deals
The mandatory launch of the Secure Payment System for real estate transactions was delayed from 1 October to 1 December 2026. The system routes payments through escrow linked to title transfer to reduce fraud risks for all buyers including foreigners.
Why it matters: The delay gives banks and registries more time for technical integration, affecting how future property purchases will be completed safely.
Source: TERRA Real Estate, 8 October 2026
Montenegro House Prices Maintain Strong Growth in 2026
New residential dwelling prices averaged EUR 2,557 per square metre in Q2 2026, up 16.17% year-on-year nominally and 12.14% in real terms. Mortgage rates stood at 4.88% in June while rental growth slowed to 1.3%.
Why it matters: It demonstrates continued double-digit price momentum in a maturing European market with tightening residency rules for foreign owners.
Source: Global Property Guide, 9 October 2026
Portugal Housing Market Growth Slows from Peak Levels
House prices rose 17.78% year-on-year in Q1 2026 with median appraisal value at EUR 2,254 per square metre in August, but the pace is decelerating. Sales volumes are falling amid tighter credit conditions and higher debt-service limits.
Why it matters: The cooling follows years of rapid appreciation, signalling a more sustainable phase in a high-demand European market.
Source: Global Property Guide, 5 October 2026
Fitch Forecasts Weaker Housing Conditions Across Major Markets
Housing markets are expected to weaken in 2026 with higher mortgage rates from inflation, softer labour markets and reduced affordability. Home price growth will slow while arrears rise modestly in countries including the UK, US and Australia.
Why it matters: Persistent inflation and policy rate expectations are creating headwinds for borrowers and property performance globally.
Source: Hellenic Shipping News, 9 October 2026
The summaries in this bulletin were compiled by İnterkon Realty Group from reports by the publications cited; all rights to the news belong to their sources. Please refer to the source for details and the full text.
