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Spain: Housing prices rise by 12% annually, triple the rate of wage growth

The Corner According to data released by the National Statistics Institute (INE), the year-on-year variation in the Housing Price Index (IPV) moderated by 0.7 percentage points in Q2 2026, settling at 12.2% (down from 12.9% in Q1 2026). By property type, new home prices grew at an annual rate of 7.4% in Q2 2026, representing a 1.7 percentage point moderation compared to the previous quarter.…

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