What will happen to housing prices this year
There are fewer and fewer buyers able to assume current purchase prices, which has caused a small drop in transactions, while rental prices are falling sharply in large cities.
Spain's housing market is showing signs of slowing down after a period of exceptional growth, with a 2.6% decrease in home sales in the first half of 2026 compared to the same period in 2025. The number of transactions in June 2026 was 59,288, close to the monthly average of 58,700 in 2025. However, experts warn that the market is losing speed due to rising prices, which have increased by 66% in the last five years, and stricter financing conditions.
The average price of second-hand housing in Spain reached €3,154 per square meter in July 2026, a 16.2% increase from the previous year.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
