Mortgage loans reached 190 TRY bil in 2018 in Turkey, according to the National Central Bank. This is 1.64 % less than in the previous year.
Historically, mortgage loans in Turkey reached an all time high of 193 TRY bil in 2017 and an all time low of 0.786 TRY bil in 2003.
Turkey has been ranked 8th within the group of 20 countries we follow in terms of mortgage loans, 38 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.