The price of resale housing in Spain ended the second quarter of 2026 with a year-on-year increase of 17.2%, according to the Fotocasa Real Estate Index.
Between April and June, prices also rose by 4%, bringing the average to €3,133 per square metre in June. Spain's resale home prices have hit new record highs in four of the first six months of the year and are now at their highest level in the past 21 years.
Fotocasa’s head of research and spokesperson, María Matos, attributes this trend to a sharp imbalance between strong demand and limited supply. She explains that the shortage of available properties, financing conditions and demographic pressure in the main markets are driving prices up and making it more difficult to access housing.
According to Matos, "the result is ever faster price growth that makes it harder to access housing and widens the affordability gap for a large proportion of households."
Fotocasa’s data is in line with the trend shown by statistics from the National Statistics Institute (INE), although the two use different methodologies.
