Spanish Real Estate Market Hits Record Sales and Price Growth in 2025

The Spanish real estate market is showing unprecedented dynamism, reaching a peak of 714,237 transactions in 2025. This is the highest figure since 2007, when the market was at the peak of a historic bubble. According to the latest data from the INE, home sales increased by 11.5% year-on-year. Notably, the main driver of growth is not the traditional metropolitan areas, but so-called inland Spain, led by the Castile and León region, which saw an 18.9% jump. Alongside record sales, Spain is seeing historic highs in property inheritance. In 2025, over 208,000 homes were transferred via inheritance, representing a 3% increase and the highest figure in statistical history. Experts from Solvia predict that the first half of 2026 will bring further price pressure, with projected increases of 6% to 9%, resulting from a severe shortage of new supply amid unabated buyer interest. The Spanish real estate market collapsed sharply in 2008 after the speculative bubble burst, plunging the country into a prolonged recession and banking crisis. The current return to volumes from that period raises questions about the stability of the growth foundations, although analysts point to a better financing structure than two decades ago. In the shadow of the housing boom, the annual security report was also published. The Ministry of the Interior reported a 0.8% increase in overall crime in 2025. While some regions, such as Murcia, recorded a minimal decline of 0.3%, statistics concerning the most serious crimes are concerning. The number of homicides increased nationwide by 7.7%, and sexual crimes by 2.8%. However, the main factor driving criminal statistics remains cybercrime, which saw a jump of over 5%. „The imbalance between demand and supply will define the market for most of 2026, forcing buyers to accept higher prices.” — Przedstawiciel Solvia