IMIE: Residential Report Q2 2026

Inisghts & Publications

Jun 9, 2026

In the second quarter of the year, the Spanish housing market continues to experience strong upward pressure on prices.

  • The average price of completed housing (new and resale) recorded year-on-year growth of +15.2%.
  • Current price levels remain 33% below the 2007 peak and 35% above the post-crisis low, confirming the continuation of the expansionary cycle.
  • Price increases remain widespread, with particularly growth in Valencian Community, Castilla la Mancha, Canary Islands and Cantabria, as well as in the provinces of Toledo and Alicante.
  • Supply continues to fall short of demand, with housing transactions moderately declining but mortgage activity remaining relatively stable.
  • Affordability continues to deteriorate, with the purchase effort reaching 35.7% of household disposable income, exceeding 50% in San Sebastián, Madrid, Barcelona, Málaga and Balearic Islands.

Consult the complete report here: https://www.tinsa.es/en/reports/imie-local-markets/quarterly/