Housing prices are rising across the board: here's how they are in capitals
Real estate prices rise by an average of 12.1% in Spanish cities. Ciudad Real, Segovia, Santa Cruz de Tenerife and Pontevedra see a 20% increase.
Spain's housing market continues to experience price increases, driven by a shortage of available properties and solid demand. According to the Banco de España, there is a deficit of 755,000 homes, which is expected to rise to 1 million by 2028. In the second quarter, the average price per square meter in Spanish capitals rose by 12.1% annually to €2,327.
The cities with the highest price increases were Ciudad Real (20.1%), Segovia (19.5%), and Santa Cruz de Tenerife (18.6%), while Ceuta had the lowest increase at 4.2%. Despite the price growth, the number of home sales in provincial capitals decreased by 13.2% year-on-year in the first quarter of 2026.
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.
