The price of housing increased by 7.5% in 2025, 12% in Canarias, and broke the highs recorded in 2007, in the midst of the real estate bubble, while sales grew by 4.4%, although they fell by 4.7% in the islands, and recorded the second best operations figure in the historical series, according to data from the Consejo General del Notariado.
Furthermore, the granting of mortgage loans for the purchase of a home rose by 13.7% at the close of 2025, a context marked by the deficit of available product that Spain is dragging to meet a growing demand, which is making prices more expensive and aggravating access difficulties, especially for young people and the most vulnerable.
In 2025, the average price of the square meter in Spain reached 1,902 euros, 7.5% more than in 2024, and surpassed the historical maximum of 2007 (1,832 euros/m²). According to notaries, this upward dynamic shows no signs of slowing down.
The prices showed during the year a sustained growth during all quarters, with year-on-year rates that ranged between 6% and 9%.
By type of housing, the largest increase was protagonized by apartments, with a rise of 10.1% up to 2,186 euros/m², also surpassing the highs of 2007.
For its part, the price of single-family homes was situated at 1,424 euros/m², 3.8% more, up to levels similar to those of the bubble.
Last year, all autonomous communities registered price increases, which grew by double digits in Murcia (14.4%); Cantabria (14.4%); Comunidad de Madrid (13.3%) and Islas Canarias (12%). They also increased intensely in Castilla-La Mancha (9.6%); Comunidad Valenciana (9.4%); Extremadura (9.2%); Cataluña (9.1%) or Islas Baleares (8.9%).
The highest amounts were recorded in Baleares (4,061 euros/m2); Comunidad de Madrid (3,463 euros); País Vasco (2,995 euros); Cataluña (2,323 euros) and Islas Canarias (2,177 euros).
Operations rose in all communities except Madrid (-4.7%), Canarias (-4.7%) and Baleares (-0.4%).