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Spain's Housing Market Hits 18-Year High in February Sales

Home transactions increased 13.9% year-on-year to 59,682 operations, driven by surging demand for new properties and consistent regional growth.

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Overview

  • February 2025 marked the highest housing sales for the month since 2007, with 59,682 transactions, an annual increase of 13.9%.
  • New home sales rose sharply by 21.5%, while used home sales increased by 11.8%, reflecting growing interest in recently built properties.
  • Free-market housing dominated transactions, accounting for 93.3% of sales, with a 14.5% annual growth, compared to a 5.6% rise in protected housing sales.
  • Regions like Asturias (+33.6%), La Rioja (+24.1%), and AndalucĂ­a (+24.0%) led annual growth, while Navarra was the only community to see a decline (-26.7%).
  • The broader property market also grew, with total property transmissions up 6.2% year-on-year, including increases in sales, donations, and inheritances.