Iraqis continue to feel a clear change in Turkiye’s real estate scene. New figures show a steady drop in their property purchases, and this trend strengthens the Iraq market shift that experts now discuss often. Turkiye’s housing numbers reveal new buyer behavior, new pressures, and changing demand from foreign investors. This change surprises many Iraqis who once led this market for several years.
Turkiye records 164,306 total home sales during the recent reporting period. The number shows a slight decline compared to earlier performance. Foreign buyers complete 2,106 of these sales. Their share now reaches 1.3 percent of total transactions. This trend shows how foreign interest slowly adjusts and responds to market costs, visa rules, and currency movements. Many investors look for new opportunities in different cities while others wait for better conditions.
Russians take the lead among foreign buyers. They purchase 315 homes and continue to influence Turkiye’s housing market. Germans follow with 191 purchases. Their interest grows as they look for warmer climates and stable investments. Iranians buy 172 homes and maintain strong demand. Ukrainians follow closely with 171 homes. Iraqis come next with 126 homes. This position highlights the ongoing Iraq market shift, which reflects wider economic and social considerations.
Other countries also appear in the top ten. Azerbaijan, Palestine, China, Afghanistan, and the United Kingdom secure steady positions. Their entries show how Turkiye continues to attract diverse buyers. These groups study currency values, market stability, and property laws before making decisions. Their choices shape new patterns that change the country’s real estate landscape.
Iraqis once dominated this sector for many years. They led Turkiye’s foreign property market starting in 2015. Later, their ranking shifted as Iran moved ahead. Iraqis then fell to third place when Russia increased its purchases. Today, they stand in fifth place. This long-term decline confirms the Iraq market shift and encourages deeper analysis from experts. Many Iraqis now review their investment strategies because they face new financial pressures and changing local priorities.
Several factors influence the change. Some Iraqis focus more on domestic needs and private savings. Others consider rising living costs in Turkiye. Exchange rate challenges also shape decisions. In addition, new global tensions affect travel, residency plans, and long-term investment goals. These conditions push Iraqi buyers to think carefully before entering a foreign market.
Meanwhile, Turkiye continues to attract global investors. Its cities offer strong tourism, diverse lifestyles, and large project development. However, market competition grows stronger each year. Buyers constantly compare loan rules, construction quality, and long-term value. These comparisons shift interest between districts and cause new buying cycles.
Experts expect further changes. They believe Iraqis may adjust their position again, depending on economic stability and confidence levels. Some Iraqis still see Turkiye as an attractive option. Others search for alternatives across the region. The future direction of this trend depends on income growth, currency stability, and overall market confidence.