IMIE: Residential Report Q2 2025

The Spanish property market consolidates its growth. In the second quarter of the year:

• The average price of new and second-hand homes rose by 9.8% year-on-year.
• Madrid leads the way with an increase of 16.1%, followed by the Balearic Islands, Malaga and Valencia.
• The provinces surrounding Madrid, such as Toledo and Guadalajara, grew by over 7%.
• Supply remains insufficient: completed homes fell by 7.9%, despite the increase in building permits.
• In seven provinces, the purchase effort exceeds 40% of income. In Malaga, it reaches 58%.