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Rising housing supply, remigration to quake zone cool rents in Türkiye

Summary by Daily Sabah
A rise in housing supply and the return of residents to areas hit by Türkiye's devastating 2023 earthquakes have begun to ease rent inflation, a study by the country's ce...

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According to an analysis published on the Central Bank's Diary blog, where Central Bank (TCMB) employees share their views, the improvement in housing supply will be one of the factors supporting a slowdown in rental inflation in the coming period.

According to an analysis by the Central Bank of the Republic of Turkey, while the loss of housing stock and migration movements following the February 6, 2023 earthquakes increased rent inflation, the rapid increase in housing supply through public-led reconstruction efforts began to slow down rent increases.

The Central Bank has released a remarkable analysis of rental prices. Due to the February 6 earthquakes, the report stated that rent prices increased both in the disaster zone and in cities receiving emigration due to the earthquake, while rent increases slowed with the delivery of earthquake housing.

The Central Bank of the Republic of Turkey (TCMB) Blog, featuring analyses by researchers within the TCMB, discussed the impact of the "Construction of the Century" campaign, conducted by the Ministry of Environment, Urbanization and Climate Change in the earthquake zone, on increased housing supply and regional rent inflation.

·Istanbul, Türkiye
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The Central Bank of the Republic of Turkey (TCMB) analyzed the current situation regarding housing rents, which skyrocketed after the earthquake! With the number of housing units delivered by TOKİ (Housing Development Administration of Turkey) reaching 434,000 by the end of 2025, the slowdown in rental inflation that began in the earthquake-affected provinces has spread to other provinces receiving migration in 2026. Here are all the details on …

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ekonomim.com broke the news on Wednesday, September 2, 2026.
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