**Canary Islands** registered the **fourth largest drop** in home sales in November 2025: 7.9%, compared to the 2.4% year-on-year decrease for the country as a whole, while the average price of these properties increased by 7.7% in the islandsLast month in October, the drop was even more significant, as 11% fewer homes were purchased than during the same month of the previous year.
The sale of homes fell again in November 2025, registering a year-on-year decrease of 2.4%, while the granting of mortgage loans for the purchase of a home rose by 6.5% and the price per square meter increased by 6.3%, according to the General Council of Notaries.
With this new drop, sales chain two consecutive months of decline after the 1.9% decrease recorded in October.
In addition, the **average surface area** of housing in Spain decreased by 1.5% in November, which, according to notaries, indicates a slight trend towards a reduction in the average size of housing nationwide
More than 61,000 sales in November
Without knowing the year-end figure, 61,217 home sales were recorded in November.
Apartment transactions decreased by 4.4% to 45,944 units, while single-family home transactions increased by 4.2% compared to the same month in 2024, reaching 15,273 units
The biggest drops in sales occurred in the Community of Madrid (-14.3%); Balearic Islands (-13.9%); Cantabria (-10.3%); Canary Islands (-7.9%); Asturias (-6.7%); Galicia (-6.4%) and Valencian Community (-4.1%).
On the contrary, **above the national average were Navarra (10.4%); Extremadura (5.2%); La Rioja (4.2%)**; Castilla-La Mancha (2.9%); Andalusia (2.7%) or Castilla y León (2.1%).
In November, the average price per square meter stood at 1,937 euros/m², an increase of 6.3% year-on-year.
Apartment prices rose by 7.2% to reach 2,226 euros/m², while single-family homes averaged 1,442 euros/m², representing an increase of 5.3%.
Housing prices increased in November in 16 autonomous communities, with the largest increases in Castilla-La Mancha (22.3%); Asturias (19.5%); Murcia (19%); Valencian Community (12.7%); Cantabria (11%); Catalonia (9.7%); Basque Country (9.4%); Balearic Islands (9.1%); Community of Madrid (9.1%); Canary Islands (7.7%); and Aragon (7.5%).
On the contrary, housing prices fell in Castilla y León (-1%)