housing market

Spanish mortgages market

Number of mortgages taken out on homes in Spain grows 0.6% year-on-year in October, compared to 12.2% in September

Link Securities | In Spain, the number of mortgages taken out on homes in October was 52,198, representing a 0.6% year-on-year increase (12.2% in September). According to the INE, with October’s year-on-year increase, the signing of mortgages on homes has now risen for 16 consecutive months. In addition, the average amount of these transactions was €167,080, representing an increase of 10.4%. In 10M25, the number of mortgages for the purchase…


Spain real estate

Home sales in Spain fall 2.5% year-on-year in October to 67,789 transactions due to collapse in new-build sales

Link Securities | The National Statistics Institute (INE) reported that in September, home sales in Spain fell by 2.5% year-on-year to 67,789 transactions. Compared to September, the number of home sales rose by 6.3%, while the cumulative increase for the year to October (10M25) was 12.3%. In the month analysed, 93.4% of the homes sold in October were private and 6.6% were social housing. Furthermore, in year-on-year terms, the number…


property market

Number of house sales in Spain rises 3.8% year-on-year in September to 63,794 transactions

Link Securities | According to data from the Property Rights Transfer Statistics (ETDP) published by the National Statistics Institute (INE), in September the number of home sales in Spain increased by 3.8% year-on-year to 63,794 transactions, the highest figure for a month of September since the series began in 2007. Thus, up to September (9M2025), the number of home sales transactions has accumulated a year-on-year growth of 14.4%. It should…


Spanish Housing Market

Home sales in Spain fall 3.4% year-on-year in August

Link Securities | The Property Rights Transfer Statistics (ETDP) report, released by the National Statistics Institute (INE), shows that in August, home sales fell by 3.4% year-on-year to 47,697 units. In August, 93.4% of homes transferred by sale were private and 6.6% were subsidised. Year-on-year, the number of private homes transferred by sale fell by 2.6% and subsidised homes by 12.6%. In addition, 21.2% of homes transferred by sale in…


inmobiliario oficina

Home sales in Spain grow strongly -up 13.7% in July- supported by lower financing costs

Bankinter | Home sales in Spain were up 13.7% in July (year-on-year) versus 17.9% in June, to 64,730 units. The cumulative total for 2025 is 18.6%. Bankinter analysis team’s view: Good news. Transactions are growing strongly, supported by lower mortgage financing costs and with the impact of tariffs on the Spanish economy still very moderate. We are revising our estimates for housing transactions upwards to 10% in 2025 (against a…


vivienda nueva

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…


Barcelona housing

Mortgages on homes in Spain shoot up 54.4% in May, marking 11 consecutive months of increases, total amount rises 12.7%

CdM | Another surprise in the mortgage market. The National Statistics Institute (INE) published its mortgage statistics for May on Friday, showing that mortgages on homes rose by 54.4% compared to the same month in 2024, with a total of 42,274 loans signed. The increase in May is much higher than that recorded in April (up 14.4%), and with it, the signing of mortgages on homes has now risen for…


Property auction

Number of mortgages taken out on homes rises to 39,176 in April, year-on-year increase of 14.4%

Link Securities | The National Statistics Institute (INE) reported on Friday that the number of mortgages taken out on homes rose to 39,176 in April, representing a 14.4% increase year-on-year. The average amount of these transactions was €155,883, an increase of 12.4%. For mortgages taken out on residential properties, the average interest rate in April was 2.98% and the average term was 25 years. 32.9% of mortgages on residential properties…


Spanish mortgages market

Number of mortgages in March in Spain reaches 42,831, 44.5% increase in annual rate

Link Securities | According to data released yesterday by the National Statistics Institute (INE), the number of mortgages taken out on homes in March rose to 42,831, representing an increase of 44.5% year-on-year. The average amount of these operations was 156,698 euros, an increase of 14.3% in the interannual rate. In addition, the average amount of mortgages on the total number of properties registered in the land registries (from previously…


Spain housing market

Spain: In three years, with new laws, property owners withdraw 300,000 apartments from rental market

In Spain, in 2024, a total of 717,338 homes were put up for rent. The figure alone doesn’t say much. The comparison with previous years does. That’s 96,512 fewer properties than were rented a year earlier (which implies an 11% drop) and nearly 300,000 fewer homes than during the height of the Covid pandemic, whether compared to 2020, when the economy was at a standstill, or to 2021, as explained…