House prices in Spain
- Source
- INE, Housing Price Index · CC BY 4.0
- Price type
- Registered sales (not listings or valuations); index, 2025 average = 100
- Latest quarter published
- Q2 2026
- Next scheduled release
- Q3 2026, around December 2026 (exact date in the INE calendar)
Initial snapshot data
- Annual change
- +12.2%
- Q2 2026
- Quarterly change
- +3.4%
- Annual average over 5 years
- +8.8%
- Compound rate
- General index
- 111.1
- 2025 average = 100
Trend in Spain: new and second-hand housing
INE index: the 2025 average is 100. A value of 111 means 11% above that average.
The general index peaked at 84.3 in Q3 2007 and reached a later low in 2014; today it is +31.7% relative to that peak in nominal terms (without adjusting for inflation).
By autonomous community
Annual change in the general index in Q2 2026, from highest to lowest. Until the connector downloads the full table, only the annual change published in the INE press release is available.
| Region | Annual | Quarterly | Index |
|---|---|---|---|
| Ceuta | +15.2% | — | — |
| Asturias | +15.0% | — | — |
| Castilla y León | +14.8% | — | — |
| Aragón | +14.6% | — | — |
| Región de Murcia | +14.4% | — | — |
| La Rioja | +14.4% | — | — |
| Melilla | +13.8% | — | — |
| Illes Balears | +13.7% | — | — |
| Cantabria | +13.5% | — | — |
| Comunitat Valenciana | +13.0% | — | — |
| Galicia | +12.9% | — | — |
| Comunidad de Madrid | +12.9% | — | — |
| Extremadura | +12.8% | — | — |
| Andalucía | +11.9% | — | — |
| Castilla-La Mancha | +11.7% | — | — |
| Canarias | +11.0% | — | — |
| Cataluña | +10.1% | — | — |
| País Vasco | +10.0% | — | — |
| Navarra | +9.5% | — | — |
Regions have fewer sales than the national total: their indices swing more from one quarter to the next.
How much would your home's price have changed?
It applies the index trend since the quarter you bought. It's a reference for how the market has moved, not the value of your home.
If it had moved like the average price in España:
€312,701
+56.4% since Q1 2021 (index 71.055 → 111.095 in Q2 2026).
An estimate, not a valuation: the IPV measures the average trend in sales in the area. Your home may have changed more or less depending on its location, condition and refurbishments.
What the index measures
- The INE Housing Price Index (IPV) measures the change in sale prices of free-market homes, new and second-hand, based on notarial deeds. It's a constant-quality transaction price index: it compares homes with similar characteristics.
- It's an index (2025 average = 100), not a price in euros per square metre. It doesn't include asking prices, rents or valuations.
- It's published every quarter, about 70 days after the quarter ends. The INE may revise recent quarters; we keep revisions with their previous value.
- Changes and the average rate are calculated here from the indices (version
housing@1.0.0) and match those published by the INE rounded to one decimal place.
Own elaboration with data extracted from the INE website: www.ine.es (Housing Price Index, base 2025). CC BY 4.0 licence. The INE doesn't take part in or sponsor this service. Original table: INE, table 80270.