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House price growth in Spain

Are homes there getting further out of reach right now?

Spain's house price growth is 9.87 % #51 of 54 countries on the atlas (lower is better). Period 2026-Q1.

9.87%

Checked 21 Sept 2026Period 2026-Q1

Source: BIS residential property prices

Real house prices in Spain rose 9.9 % over the past year — beyond general inflation.

House price growth in Spain over time

10.46 %-3.95 %-18.35 %10.46 % · Q1 2007-18.35 % · Q3 2012Q2 2006: 5.35 %Q3 2006: 7.45 %Q4 2006: 8.68 %Q1 2007: 10.46 %Q2 2007: 8.98 %Q3 2007: 6.69 %Q4 2007: 1.68 %Q1 2008: -1.48 %Q2 2008: -4.65 %Q3 2008: -7.45 %Q4 2008: -7.50 %Q1 2009: -7.85 %Q2 2009: -6.96 %Q3 2009: -5.94 %Q4 2009: -4.51 %Q1 2010: -4.03 %Q2 2010: -2.51 %Q3 2010: -3.59 %Q4 2010: -3.86 %Q1 2011: -6.80 %Q2 2011: -9.41 %Q3 2011: -10.81 %Q4 2011: -15.09 %Q1 2012: -15.82 %Q2 2012: -17.58 %Q3 2012: -18.35 %Q4 2012: -15.36 %Q1 2013: -15.05 %Q2 2013: -12.13 %Q3 2013: -7.53 %Q4 2013: -6.41 %Q1 2014: -1.62 %Q2 2014: 0.63 %Q3 2014: 0.59 %Q4 2014: 2.27 %Q1 2015: 2.60 %Q2 2015: 4.28 %Q3 2015: 4.92 %Q4 2015: 4.59 %Q1 2016: 6.98 %Q2 2016: 4.85 %Q3 2016: 4.22 %Q4 2016: 3.40 %Q1 2017: 2.50 %Q2 2017: 3.51 %Q3 2017: 4.91 %Q4 2017: 5.67 %Q1 2018: 5.24 %Q2 2018: 4.92 %Q3 2018: 4.82 %Q4 2018: 4.88 %Q1 2019: 5.70 %Q2 2019: 4.45 %Q3 2019: 4.47 %Q4 2019: 3.23 %Q1 2020: 2.67 %Q2 2020: 2.86 %Q3 2020: 2.33 %Q4 2020: 2.42 %Q1 2021: 0.34 %Q2 2021: 0.71 %Q3 2021: 0.75 %Q4 2021: 0.46 %Q1 2022: 0.62 %Q2 2022: -0.96 %Q3 2022: -2.19 %Q4 2022: -1.05 %Q1 2023: -1.44 %Q2 2023: 0.64 %Q3 2023: 1.66 %Q4 2023: 0.99 %Q1 2024: 3.15 %Q2 2024: 4.33 %Q3 2024: 5.97 %Q4 2024: 8.79 %Q1 2025: 9.32 %Q2 2025: 10.38 %Q3 2025: 9.77 %Q4 2025: 9.57 %Q1 2026: 9.87 %Q2 2006Q1 2016Q1 20269.87 %
80 official observations, Q2 2006Q1 2026. Every point is a published value — never interpolated.
Rank
#51 of 54
lower is better
Ranked behind
6 %
3 of 54 countries
Latest move
▲ 0.30 pp
since Q4 2025
Year on year
▲ 0.54 pp
over 12 months
Below its peak
0.59 pp
peak 10.46 % in Q1 2007
Full series
▲ 4.51 pp
since Q2 2006

In Europe: #28 of 31vs median 2.49 %: +7.38 pp (worse)

Among 54 countries

2 of 54 countries between -6.81 % and -6.11 %1 of 54 countries between -4.01 % and -3.31 %4 of 54 countries between -3.31 % and -2.62 %3 of 54 countries between -2.62 % and -1.92 %2 of 54 countries between -1.92 % and -1.22 %2 of 54 countries between -1.22 % and -0.52 %3 of 54 countries between -0.52 % and 0.18 %5 of 54 countries between 0.18 % and 0.88 %3 of 54 countries between 1.58 % and 2.28 %5 of 54 countries between 2.28 % and 2.97 %2 of 54 countries between 2.97 % and 3.67 %3 of 54 countries between 3.67 % and 4.37 %2 of 54 countries between 4.37 % and 5.07 %2 of 54 countries between 5.07 % and 5.77 %1 of 54 countries between 5.77 % and 6.47 %3 of 54 countries between 6.47 % and 7.17 %4 of 54 countries between 7.17 % and 7.86 %2 of 54 countries between 7.86 % and 8.56 %5 of 54 countries between 9.26 % and 9.96 %median 2.40 %Spain: ahead of 6 % of the 54 countries with a published house price growthSpain 9.87 %-6.81 %9.96 %
Half of all 54 countries sit between -0.52 % and 6.20 %. Spain is ahead of 6 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryHouse price growthvs Spain
49 Czech Republic8.28 %−1.59 pp
50 Slovakia9.32 %−0.55 pp
51 Spain9.87 %
52 Croatia9.96 %+0.09 pp
53 Portugal15.20 %+5.33 pp

Real year-on-year change in residential property prices (BIS). Framed for buyers — slower growth is greener; homeowners may read it the other way.

How to read this figure

Real year-on-year change in residential property prices from the BIS — inflation-adjusted, so it shows whether homes beat or trailed prices in general. Base-independent, which is what makes ~60 countries honestly comparable in one ranking. The colour scale takes the buyer’s side (slower growth = greener); an existing owner may read it the opposite way.

Next, about Spain

House price growth since 2015Mortgage rates
House price growth, all countries ranked →Compare Spain with another country →Everything about Spain
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