Briefing
Residential property prices in Spain have issued in the June 2026 have reached a new level in the notarial statistics: the median price per square metre rose to €2,114. The figures are based on the monthly survey by the Centro de Información Estadística of the Consejo General del Notariado, which records the date of notarisation and therefore provides a timely view of market movements.
Compared with June 2025, this represents an increase of 8.8 per cent. At the same time, the number of notarised sales fell year on year in June: notaries recorded a total of 67,529 transactions, down on the previous year. The divergence between continued price rises and declining sales points to housing becoming less affordable for many households.
The data show significant regional differences: the strongest annual price increases were recorded in Cantabria (+41,6 %), Murcia (+22.1%), Comunidad Valenciana (+21%) and Madrid (+19.5%). In urban areas with limited new construction and high demand, supply shortages are contributing particularly strongly to price pressures.
The notarial statistics also have methodological particularities: they record the date of notarisation and may therefore differ from later land registry or administrative statistics. The published monthly figures are considered provisional and may be revised slightly.
The combined trend is problematic for policymakers and the market: rising prices alongside falling sales point to home ownership becoming less accessible. Whether this trend continues will depend largely on interest-rate policy, regional construction activity and measures to bring existing housing stock into use. In light of the current data, conditions remain strained across much of Spain unless supply is significantly increased.
Editor: Daniel Mayer (Article created with AI assistance).