In Spain

Social homes in Spain

Number of completed homes continues to fall while prices skyrocket

The number of building completion certificates in Spain stood at 20,720 units between July and September 2025, compared to 23,186 during the same period a year earlier. This drop of over 10% is the largest ever recorded in a third quarter and the sharpest overall, trailing only the 11.4% decline in the first quarter of 2025 and the 10.9% drop in the second quarter of 2020, at the height of…

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Spanish households’ net wealth rises by 11% in 2025 and debt-to-GDP ratio falls to its lowest level since 1999

CdM | Household net financial wealth stood at €2.645 trillion (156.8% of GDP) at the end of 2025, representing an 11% year-on-year increase, according to the ‘Financial Accounts of the Spanish Economy’ published by the Bank of Spain. Meanwhile, household debt rose to €723 billion, up from €696 billion in 2024. However, in relative terms to GDP, it fell to 42.8%, the lowest level since the end of 1999. As…