La larga escalada de la vivienda: las casas duplican el precio tras 12 años de subidas ininterrumpidas

The escalating housing market in Spain over the past decade resembles a prolonged ascent rather than a rollercoaster, according to statistical data. The Index of Housing Prices (IPV) from Spain's National Statistics Institute (INE) indicates that residential property values have been steadily appreciating for 48 consecutive quarters since early 2014, based on year-over-year changes.

Throughout this period, the index has consistently remained in positive territory, navigating through economic cycles, interest rate fluctuations, and periods of uncertainty. This 12-year streak of uninterrupted revaluations has fundamentally transformed the Spanish residential market. Over this time frame, property prices across much of the country have surged, causing the index to multiply by more than two.

In other words, homes are now worth double their value when first purchased during the Great Recession.