Spain: housing prices increased by 12.9% year-on-year
📊 When compared to other major EU economies, the gap becomes particularly clear. The same Eurostat release shows that in Q4 housing prices increased by 3.0% year-on-year in Germany, 1.0% in France, and 4.1% in Italy. Against this background, Spain’s 12.9% growth reflects not just recovery, but a significantly more aggressive growth phase.
🌍 On average, the EU market showed much weaker dynamics. According to Eurostat, housing prices in Q4 2025 increased by 5.5% across the EU and 5.1% in the eurozone year-on-year. On a quarterly basis, growth reached 0.8% in the EU and 0.6% in the eurozone. This means that Spain’s market expanded more than twice as fast as the EU average, both annually and quarterly.
📈 It is important to note that this is not a one-off spike at the end of the year. Throughout 2025, Spain maintained double-digit annual growth. According to Eurostat, the yearly dynamics were as follows:
— Q1 2025: +12.3%
— Q2 2025: +12.8%
— Q3 2025: +12.8%
— Q4 2025: +12.9%
🏗 For the real estate market, this is a strong signal on several levels. First, Spain remains one of the top-performing large markets in the EU in terms of price growth. Second, the 1.8% quarterly increase indicates that the market has not started to cool even towards the end of the year. Third, compared to Germany, France, and Italy, Spain stands out as a market where the combination of strong demand and limited supply continues to drive rapid price increases.
📍 For buyers and investors, this means that the entry window at current price levels is gradually narrowing, especially in the most востребованные locations. When a market grows at more than twice the average European pace, it typically leads to stronger competition for high-quality properties and supports further price increases in key regions.
🔎 You can explore property options in Spain based on your budget and goals on our website.
Posted at:
10/04/2026, 07:44