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vivienda nueva

In Spain, Spanish economy 29th August 2025

Home sales in Spain accelerate in June: up 5.9% year-on-year compared to 2.0% drop in May

Bankinter | According to notaries, the number of sales reached 68,128 transactions in June, representing growth of 5.9% (year-on-year) compared to 62,587 transactions in May (a drop of 2.0%). The average price per square metre stood at €1,906/m² in June, representing an increase of 8.0% year-on-year (€1,836/m²; up 6.7% in May). Analysis team’ view: Good news. The property market is showing strength again after the fall in home sales in…

Spanish consumer spending TC

In Spain 29th August 2025

Spain leads decline in economic confidence within EU

Economic confidence dropped by 0.3 points in August in the European Union and 0.5 points in the Eurozone due to a feeling of uncertainty that has spread to consumers and businesses, according to a report published yesterday by the European Commission. “Among the main EU economies, the Economic Sentiment Indicator fell considerably in Spain (down 2.6), with more moderate deteriorations in Germany (1) and Italy (1). In contrast, it increased…

Mortgage floor clauses

In Spain 28th August 2025

Mortgage Signings Skyrocket by 25% in First Half of Year

In the first half of 2025, a total of 243,257 mortgage loans were signed in Spain to buy homes, a 25% increase over the same period last year and the highest figure since 2011. According to data published yesterday, Wednesday, by the National Institute of Statistics (INE), in June alone, loans exceeded 41,800 signings, a 31.7% annual increase. The average mortgage amount also grew by 15.5%, reaching 168,363 euros, with…

pensiones playita

In Spain 27th August 2025

Pension spending hits record €13.621 billion (up 6.2%) in August, with average pension of €1,507.5/month (up 4.4%)

In August of this year, Social Security allocated a record €13,620.8 million to the payment of the regular monthly payroll for contributory pensions, an increase of 6.2% compared to the same month in 2024, as reported this Tuesday by the Ministry of Inclusion, Social Security, and Migration. In total, Social Security paid 10,374,297 pensions in August, 1.6% more than in the same month of 2024, reaching more than 9.38 million…

hoteles espana

In Spain 27th August 2025

Overnight hotel stays in Spain consolidate with an annual increase of 1.8% in July and prices up 5%

Alphavalue / Divacons | The Spanish hotel sector continued to consolidate its recovery in July. Overnight stays increased by 1.8% year-on-year and prices rose by 5% compared to July 2024. According to the INE, the average turnover per occupied room was €146.5, 4.6% more than in the same month last year. By country of origin, it is worth noting that in July, travellers from the United Kingdom and Germany accounted…

congreso diputados1

In Spain 26th August 2025

Government: no budget and over 40 laws stalled due to lack of parliamentary support

The Congress will have to vote on more than forty bills this coming session. These are important laws for the executive branch, ranging from the reduction of the working day to the response to tariffs, and evictions for vulnerable families… all while the 2026 General State Budgets—Spain is currently operating with the 2023 budget from the previous legislature—remain up in the air. Support from Congress for the 44 bills currently…

iag aireuropa

Spanish economy 25th August 2025

IAG to keep 20% stake in Air Europa after Turkish Airlines investment of €300 million

Norbolsa | LThe Spanish airline has accepted the proposal from Turkish Airlines, which will invest €300 million. The deal includes a €275 million loan that will be converted into shares and an additional €25 million cash contribution to enter directly into the capital. With this move, the Turkish airline will acquire between 26% and 27% of Air Europa, thus appreciating its stake in the Hidalgo family’s company. Following the transaction,…

fire

In Spain 25th August 2025

New political row over more than 400,000 hectares burned this summer in Spain

More than 400,000 hectares have burned in Spain—primarily in Galicia, Castilla y León, and Extremadura—in the worst summer on record. This is well above the 306,000 hectares that burned in 2022. The burned area accounts for 0.8% of the country’s surface area and 40% of the surface area burned in Europe. And although the situation has improved significantly, there are still 15 active fires that will continue to add to…

espana europa billete

In Spain, Spanish economy 20th August 2025

Spanish public debt falls to 103.4% of GDP in June, standing at €1.691 trillion

CdM | Public administration debt stood at 103.4% of gross domestic product (GDP) in June, down 1.9 percentage points from a year ago, according to data from the Excessive Deficit Protocol (PDE) published by the Bank of Spain. In absolute terms, the debt balance stood at €1.691 trillion in June, with an interannual growth rate of 4%. By subsector, the State debt balance stood at €1.534 trillion, with an interannual…

3. bank spain

In Spain 20th August 2025

Spanish banks’ profitability rises to 14.43% in first quarter

CdM | The annualised return on equity of Spanish banks rose to 14.43% in the first quarter, compared to 13.72% in the previous quarter. Furthermore, compared to the first quarter of 2024 (12.28%), the increase was 2.15 percentage points, according to statistics published by the Bank of Spain. The capital ratios of all credit institutions increased in the first quarter of 2025. The Common Equity Tier 1 (CET1) ratio stood…