In the 2nd quarter of 2026, the year-on-year rate of change of the House Price Index (HPI) was 16.5%, 1.3 percentage points (pp) lower than the previous quarter. In the reference quarter, prices for existing dwellings rose at a faster pace than those for new dwellings, 18.0% and 12.3% respectively.
Compared to the previous quarter, the HPI grew by 3.6% (3.8% in the 1st quarter of 2026). By category, existing dwellings (3.6%) recorded a similar increase in prices to that seen for new dwellings (3.5%).
Between April and June 2026, 40,142 dwellings were sold, which represents a decrease of 6.4% compared to the same quarter in 2025. In these months, the value of the dwellings sold totalled 10.7 billion euros, up 4.2% compared with the same quarter of the previous year.
In the reference quarter, house purchases by the institutional sector of Households accounted for 34,935 units (87.0% of the total), amounting to a total of 9.3 billion euros (86.6% of the total). In the 2nd quarter of 2026, buyers with a tax residence outside the National Territory purchased 1,890 dwellings (4.7% of the total), representing a year-on-year reduction of 10.3%.
