Overview
- INE reports 714,237 home sales in 2025, up about 11–11.5% year over year and the second-highest total on record.
- Home lending rose to 501,073 mortgages, nearly 18% more than in 2024, with the average loan amount reaching a record of roughly €172,500.
- Interior regions led growth in sales—Castilla y León (+18.9%), Castilla-La Mancha (+17.8%), La Rioja (+16.3%) and Extremadura (+16.1%)—while Madrid and several coastal markets posted smaller gains.
- Cantabria logged the sharpest increase in home mortgages (+42.8%, with loan capital up 64.4% to €966.75 million), and Córdoba’s 11,331 sales (+20%) set a provincial record above its 2007 peak.
- The Bank of Spain estimates a shortage of about 700,000 homes, and recent public building pledges are widely viewed as insufficient as affordability pressures persist.