Home transactions have reversed May's declines and are once again recording year-on-year growth. According to notaries, in the sixth month of the year, 68,128 transactions were recorded across Spain, up 5.9% year-on-year and the highest figure since last March.
The biggest upturn was in sales of single-family homes, with 16,921 units, 16.2% more than in June last year. Flats, meanwhile, grew by 2.9% year-on-year, with 51,208 transactions.
Record prices: over €1,900/m2
With regard to the prices of properties sold, notary data show a record high in the historical series that began in 2007. The average in June stood above €1,900/m² for the first time, reaching €1,906/m², which represents an 8% year-on-year increase. Prices have been growing steadily since August 2023.
According to notaries, flat prices rose by 9.9% year-on-year in June to €2,173 per square metre, while the price of single-family homes averaged €1,459 per square metre, 7.5% above the average price a year earlier.
In this case, the increases were widespread throughout the country, with rises in all 17 autonomous communities. The largest increases were observed in La Rioja (23.4%), Castile and León (21.2%), Murcia (14.5%), the Canary Islands (13.2%), Madrid (11.8%), Catalonia (11.4%), Aragon (10.3%), the Valencian Community (9.8%), Extremadura (9.0%), the Balearic Islands (8.6%) and Cantabria (8.1%), all above the national average. At the bottom of the table were Navarre (0.4%), together with Castile-La Mancha (2.3%), Galicia (2.5%) and the Basque Country (2.8%).
Mortgages rise by double digits
In the mortgage market, loans grew by 16.6% year-on-year in Spain, to 35,918 transactions. Following the rise in June, they have now seen 15 consecutive months of year-on-year increases.
According to notaries, transactions grew in all 17 autonomous communities, with Extremadura (35.4%), the Valencian Community (23%), Castile and León (22.8%) and Aragon (20.5%) leading the way; followed by Asturias (19.1%), the Basque Country (18.5%), Murcia (18.5%), Castile-La Mancha (18.4%), Andalusia (18.0%) and Catalonia (16.8%).
In Galicia (16.4%), the Balearic Islands (11.7%), Madrid (10.3%), Cantabria (10.3%), La Rioja (5.6%), the Canary Islands (3.4%) and Navarre (2.9%), the number of new loans increased below the national average.
The average amount of these loans has also increased, reaching €174,338, with a year-on-year rise of 10.3%, continuing the upward trend of recent months. The average is currently at its highest since 2008, driven by the revaluation of real estate properties.
The amount grew in 14 autonomous communities, with Navarre (22.7%) and the Community of Madrid (21.1%) showing the most notable results; and decreased in three, with Extremadura (-17.2%) leading the declines.
Finally, the percentage of home purchases financed by a mortgage loan stood at 52.7%. Furthermore, in this type of purchase with financing, the loan amount represented an average of 72.6% of the price.
Source: Idealista
Ana P. Alarcos
28 August 2025, 0:05