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15h ago

Spain and Argentina Property Markets Surge Despite June Slowdown

Cheap borrowing costs have driven double- to triple-digit annual gains in home sales accompanied by soaring mortgage lending despite a pullback from May highs

Con 3472 inmuebles (22,43% del total), Palermo lidera el ranking de barrios con oferta de alquiler
Edificio de viviendas en València
Ofertas de pisos en venta en València
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Overview

  • Spain recorded 112,346 home sales in June, marking a 17.9% year-on-year increase and confirming its strongest residential month since 2007
  • Residential transactions in Spain rose 20% in the first half of 2025 to 357,533 operations, fuelled by record-low ECB rates and expanded credit access
  • Regional disparities shaped the Spanish market with Cantabria (+41.7%), Aragón (+37.7%) and Castilla y León (+35.2%) leading growth while Valencia (+12.2%) and Córdoba (+17.9%) saw more moderate gains
  • In Mar del Plata, property deeds climbed 29.9% year-on-year to 1,260 in June and mortgage operations jumped 336.96%, though both slipped slightly from May
  • Buenos Aires province posted a 45.1% rise in first-half home sales to 59,672 and a 497.3% surge in mortgages to 10,261 as June activity eased modestly