Housing Inflation Slows Down as Housing Supply Increases in the Earthquake Zone
As the housing supply rapidly increased in the earthquake zone through public-backed reconstruction initiatives, this development balanced rent increases across the region and surrounding provinces.
As a result of publicly led reconstruction efforts, the housing supply in the earthquake zone has increased significantly. Along with a major acceleration in building permits and TOKİ projects, rent inflation has entered a downward trend in the region and in surrounding provinces that have received heavy migration.
Reconstruction Efforts and Housing Supply
Publicly led comprehensive reconstruction efforts have enabled a significant increase in the housing supply within the earthquake zone.
According to current data, the earthquake zone's share of occupancy permits across Turkey has exceeded 20 percent.
TOKİ Deliveries and Changes in Housing Stock
The number of earthquake houses completed by the Housing Development Administration (TOKİ) rose from around 201,000 at the beginning of 2025 to approximately 434,000 by the end of the year.
While the housing stock in the region strengthened thanks to increasing deliveries, distinct changes also occurred in the dynamics of the construction sector.
Downward Trend in Rent Inflation
Rent prices, which remained high in the initial years following the earthquake, entered a slowing period in 2025 as housing deliveries gained momentum.
According to CBRT data, this positive picture was not limited to the earthquake zone alone but also reflected positively on surrounding provinces.
Impact on Surrounding Provinces and Migration Movements
In provinces that were indirectly affected by the earthquake and received heavy migration, rent inflation turned out significantly lower in 2026.
It is assessed that return migration movements and the restrengthening of the housing stock have been effective in this balancing process.