The 19th edition of GIGDEKS, the housing sales index for international investors prepared through the collaboration between the Real Estate Services Exporters Association (GIGDER) and the brand and market research company AGS Global, has been published. Covering the final quarter of 2025, the study revealed that the contraction in the real estate sales market for international investors has become more pronounced. The index data provided important signals regarding both sales performance and market expectations.
According to GIGDEKS 19 data, the average unit price of housing sales to international investors in the final quarter of 2025 was recorded at USD 220,722. Meanwhile, the index, which stood at 156.3 in the previous quarter, fell sharply to 136.7, clearly revealing the weakening in sales volume.
40.9% of GIGDER members participating in the survey stated that they do not expect a significant change in housing sales to international investors over the next three months. While 31.8% anticipate an increase in sales, 27.3% expect a decline. This distribution indicates that the market is displaying a cautious outlook in the short term.
54.6% of GIGDER members stated that they expect real increases in housing prices in 2026, demonstrating their confidence in real estate’s ability to preserve value against inflation. The fact that the share of those expecting a decline in prices remained limited to 18.2% indicates that market expectations are predominantly skewed to the upside.
In the current environment where regional and global war risks are increasing, 77.3% of respondents predicted that Türkiye would continue to attract investor migration as a ‘Plan B country’ for international investors. This strong expectation reveals that Türkiye is perceived as a strategic ‘safe haven’ for international capital during periods of crisis.
GIGDER will continue to be the voice of sector representatives through its work! We look forward to meeting again in GIGDEKS 20, which will cover the first quarter of 2026.
