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Spain’s Home Sales Slip 3.4% in August, Ending 13-Month Run of Gains

Mortgage figures signal short-term volatility in housing finance.

Overview

  • Year-to-date home sales are up 16.1% versus 2024, indicating the broader 2025 market remains ahead.
  • Mortgages on dwellings rose 7.5% year on year to 33,271 but fell 26.3% from July.
  • The decline centered on used properties, down 4.9% to 37,574, while new-home transactions increased 2.9% to 10,123.
  • Free-market sales edged down 2.6% year on year as protected housing fell 12.6% and represented 6.6% of transactions.
  • Regional results diverged: Murcia’s sales fell 8.2% year on year, and in the Basque Country Gipuzkoa’s mortgages dipped 1.9% as Bizkaia and Álava posted double-digit growth.