Overview

• February 2025 recorded 59,682 home sales in Spain, the highest February total since 2007, marking an 8-month streak of year-on-year growth.
• New-build home sales rose 21.5% to 13,933 transactions, while used-home sales increased 11.8% to 45,749 operations.
• Asturias (+33.6%), La Rioja (+24.1%), and Andalucía (+24%) led regional growth, while Navarra was the only region to see a decline (-26.7%).
• Favorable mortgage conditions, falling interest rates, and record-high rental prices are key factors fueling the surge in demand.
• 93.3% of February sales were for free-market homes, with protected housing accounting for the remaining 6.7%.