Notes: Credit Bureau of Turkey (KKB)
Notes: Credit Bureau of Turkey (KKB)
Notes:
Notes:
Notes:
Notes:
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: # of borrowers
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with market rate rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households with reduced or free rent; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of households; National figure
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loans
Notes: % of total consumer loasn
Notes: (2010 = 100)
Notes: 15% withholding tax imposed on returns from investments made in mortgage backed securities
Notes: According to regulations of the Banking Regulatory and Supervisory Agency maximum LTV ratio was 75% since Dec 18, 2010
Notes: According to regulations of the Banking Regulatory and Supervisory Agency maximum LTV ratio was 75% since Dec 18, 2010
Notes: According to regulations of the Banking Regulatory and Supervisory Agency maximum LTV ratio was 75% since Dec 18, 2010
Notes: According to regulations of the Banking Regulatory and Supervisory Agency maximum LTV ratio was 75% since Dec 18, 2010
Notes: According to regulations of the Banking Regulatory and Supervisory Agency maximum LTV ratio was 75% since Dec 18, 2010
Notes: All banks use credit scoring.
Notes: All banks use credit scoring.
Notes: All banks use credit scoring.
Notes: All banks use credit scoring.
Notes: All commercial and investment banks may extend housing loans, but only 16 of them are actively extending them.
Notes: All commercial and investment banks may extend housing loans, but only 16 of them are actively extending them.
Notes: All commercial and investment banks may extend housing loans.
Notes: All commercial and investment banks may extend housing loans.
Notes: All commercial and investment banks may extend housing loans.
Notes: All commercial and investment banks may extend housing loans.
Notes: Banking Regulation and Supervision Agency
Notes: Banking Regulation and Supervision Agency
Notes: Banking Regulation and Supervision Agency
Notes: Banking Regulation and Supervision Agency
Notes: Banking Regulation and Supervision Agency
Notes: Banking Regulation and Supervisory Agency
Notes: Banking Regulation and Supervisory Agency
Notes: Capital gains derived from selling properties that have been acquired in the past 5 years are subject to income tax. There is no capital gains tax beyond the 5 year holding period
Notes: Capital gains derived from selling properties that have been acquired in the past 5 years are subject to income tax. There is no capital gains tax beyond the 5 year holding period.
Notes: Capital gains derived from selling properties that have been acquired in the past 5 years are subject to income tax. There is no capital gains tax beyond the 5 year holding period.
Notes: Capital gains derived from selling properties that have been acquired in the past 5 years are subject to income tax. There is no capital gains tax beyond the 5 year holding period.
Notes: Credit Bureau of Turkey (KKB)
Notes: Credit Bureau of Turkey (KKB)
Notes: Credit Bureau of Turkey (KKB)
Notes: Credit Bureau of Turkey (KKB)
Notes: Credit Bureau of Turkey (KKB)
Notes: Credit Bureau of Turkey (KKB)
Notes: Credit Bureau of Turkey (KKB)
Notes: Credit institutions in Turkey have traditionally only issued fixed rate mortgages. It is possible that variable mortgage products have been issued. However, there is no data data for the distinction
Notes: Credit institutions in Turkey have traditionally only issued fixed rate mortgages. It is possible that variable mortgage products have been issued. However, there is no data data for the distinction
Notes: Credit institutions in Turkey have traditionally only issued fixed rate mortgages. It is possible that variable mortgage products have been issued. However, there is no data data for the distinction
Notes: Credit institutions in Turkey have traditionally only issued fixed rate mortgages. It is possible that variable mortgage products have been issued. However, there is no data data for the distinction
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Data found under "Consumer Loans" tab.
Notes: Does not include participation and investment/development banks
Notes: Does not include participation and investment/development banks
Notes: Does not include participation and investment/development banks
Notes: Does not include participation and investment/development banks
Notes: Does not include participation and investment/development banks
Notes: Does not include participation and investment/development banks
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Foreign currency denominated mortgage loan is rare in Turkey. It might be less than 1%
Notes: Foreign currency denominated mortgage loan is rare in Turkey. It might be less than 1%
Notes: Housing Finance Banks
Notes: Housing Finance Banks
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: However, tax exemptions exist for SPVs established for MBS issuance purposes.
Notes: It is expected that all banks use credit scoring for all credit issuance and mortgage origination. However, there are no formal data for this.
Notes: It is expected that all banks use credit scoring for all credit issuance and mortgage origination. However, there are no formal data for this.
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: LTV cap is a macroprudential measure
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Martyr Families, Terror Casualties and Widows and Orphans receive interest free housing loans
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Number of construction permits
Notes: Only one consumer finance company extends housing loans: DD Mortgage (www.ddm.com.tr/index_en.html)
Notes: Only one consumer finance company extends housing loans: DD Mortgage (www.ddm.com.tr/index_en.html)
Notes: Only one consumer finance company extends housing loans: DD Mortgage (www.ddm.com.tr/index_en.html)
Notes: Only one consumer finance company extends housing loans: DD Mortgage (www.ddm.com.tr/index_en.html)
Notes: Please visit the Research Center or download the data sets for 2007 data.
Notes: Property tax rates vary depending on property type and its location within the boundaries of a metropolitan municipality
Notes: Property tax rates vary depending on property type and its location within the boundaries of a metropolitan municipality.
Notes: Property tax rates vary depending on property type and its location within the boundaries of a metropolitan municipality.
Notes: Property tax rates vary depending on property type and its location within the boundaries of a metropolitan municipality.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Public, commercial and investment banks may extend housing loans.
Notes: Represents cumulative change of median house prices from 2010-2016 of 110%. Rate is constant across years so after 6 years the accumulation is 110%.
Notes: Represents cumulative change of median house prices from 2010-2016 of 110%. Rate is constant across years so after 6 years the accumulation is 110%.
Notes: Represents cumulative change of median house prices from 2010-2016 of 110%. Rate is constant across years so after 6 years the accumulation is 110%.
Notes: Represents cumulative change of median house prices from 2010-2016 of 110%. Rate is constant across years so after 6 years the accumulation is 110%.
Notes: Represents cumulative change of median house prices from 2010-2016 of 110%. Rate is constant across years so after 6 years the accumulation is 110%.
Notes: Represents cumulative change of median house prices from 2010-2016 of 110%. Rate is constant across years so after 6 years the accumulation is 110%.
Notes: The money gained from all transactions (including those based on foreign currency) in the context of housing finance carried out by housing finance institutions are exempted from Banking and Insurance Transactions Tax.
Notes: The money gained from all transactions (including those based on foreign currency) in the context of housing finance carried out by housing finance institutions are exempted from Banking and Insurance Transactions Tax.
Notes: The money gained from all transactions (including those based on foreign currency) in the context of housing finance carried out by housing finance institutions are exempted from Banking and Insurance Transactions Tax.
Notes: The money gained from all transactions (including those based on foreign currency) in the context of housing finance carried out by housing finance institutions are exempted from Banking and Insurance Transactions Tax.
Notes: The money gained from all transactions (including those based on foreign currency) in the context of housing finance carried out by housing finance institutions are exempted from Banking and Insurance Transactions Tax.
Notes: The money gained from all transactions (including those based on foreign currency) in the context of housing finance carried out by housing finance institutions are exempted from Banking and Insurance Transactions Tax.
Notes: The money gained from all transactions (including those based on foreign currency) in the context of housing finance carried out by housing finance institutions are exempted from Banking and Insurance Transactions Tax.
Notes: The premiums gained by banks from selling their stocks above their nominal values during their establishment and capital increases are exempted from Banking and Insurance Transactions Tax. Moreover, investors of banks' mortgage securities are exempted from income tax.
Notes: The premiums gained by banks from selling their stocks above their nominal values during their establishment and capital increases are exempted from Banking and Insurance Transactions Tax. Moreover, investors of banks' mortgage securities are exempted from income tax.
Notes: The premiums gained by banks from selling their stocks above their nominal values during their establishment and capital increases are exempted from Banking and Insurance Transactions Tax. Moreover, investors of banks' mortgage securities are exempted from income tax.
Notes: The premiums gained by banks from selling their stocks above their nominal values during their establishment and capital increases are exempted from Banking and Insurance Transactions Tax. Moreover, investors of banks' mortgage securities are exempted from income tax.
Notes: The typical payment-to-income ratio is 30-40%
Notes: The typical payment-to-income ratio is 30-40%
Notes: There are companies which sell default insurance. However, this sub-market is not efficient
Notes: There are companies which sell default insurance. However, this sub-market is not efficient
Notes: There are no such intermediaries in Turkey
Notes: There are no such intermediaries in Turkey
Notes: There is a subsidy framework for urban regeneration projects in Turkey. Moreover, a newly issued regulation also offers some level of subsidies for first time buyers
Notes: There is a subsidy framework for urban regeneration projects in Turkey. Moreover, a newly issued regulation also offers some level of subsidies for first time buyers
Notes: Title deed transfer charge: a tax of 1.5% is payable on the sale of real property. This charge is payable by both buyer and seller separately.
Notes: Title deed transfer charge: a tax of 2% is payable on the sale of real property. This charge is payable by both buyer and seller separately.
Notes: Title deed transfer charge: a tax of 2% is payable on the sale of real property. This charge is payable by both buyer and seller separately.
Notes: Title deed transfer charge: a tax of 2% is payable on the sale of real property. This charge is payable by both buyer and seller separately.
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: TOKI, Turkey's government housing agency, subsidizes its own mortgages
Notes: Total number of house sales in Turkey
Notes: Total number of house sales in Turkey
Notes: Total number of house sales in Turkey
Notes: Total number of house sales in Turkey
Notes: Total number of house sales in Turkey
Notes: Total number of house sales in Turkey
Notes: Turkey’s Urban Transformation Program under the Ministry of Environment and Urbanization started in 2013. It provides interest rate buy-downs for owners of buildings that will be made earthquake proof.
Notes: Turkey’s Urban Transformation Program under the Ministry of Environment and Urbanization started in 2013. It provides interest rate buy-downs for owners of buildings that will be made earthquake proof.
Notes: Turkey’s Urban Transformation Program under the Ministry of Environment and Urbanization started in 2013. It provides interest rate buy-downs for owners of buildings that will be made earthquake proof.
Notes: Turkey’s Urban Transformation Program under the Ministry of Environment and Urbanization started in 2013. It provides interest rate buy-downs for owners of buildings that will be made earthquake proof.
Notes: Turkey’s Urban Transformation Program under the Ministry of Environment and Urbanization started in 2013. It provides interest rate buy-downs for owners of buildings that will be made earthquake proof.
Notes: Turkey’s Urban Transformation Program under the Ministry of Environment and Urbanization started in 2013. It provides interest rate buy-downs for owners of buildings that will be made earthquake proof.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Turkish government has outlawed mortgage lending in foreign currencies.
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.
Notes: Variable rates are allowed but do not apply in practice. Data found under "Consumer Loans" tab.