In the 3rd quarter of 2024, the HPI year-on-year rate of change was 9.8%, up by 2.0 percentage points (pp) from the previous quarter. In the reference quarter, price growth for existing dwellings was higher than for new dwellings, 10.5% and 8.1% respectively.

Compared to the previous quarter, the HPI rose by 3.7% (3.9% in the 2nd quarter of 2024). The rate of change for the index of existing dwellings (3.8%) also exceeded that of new dwellings (3.3%).

Between July and September 2024, there were 40,909 dwelling transactions, which represents an increase of 19.4% compared to the same quarter in 2023. In these months, the value of transactions was close to 9.1 billion euros, 28.0% more than in the same quarter of the previous year.

In the 3rd quarter of 2024, 35,462 dwellings (86.7% of the total) were sold to buyers belonging to the institutional sector of Households, for a value of 7.7 billion euros (85.4% of the total). In the same quarter, buyers with a tax residence outside the National Territory bought 2,655 dwellings, which represents a year-on-year reduction of 3.1%.