41% of young people from the Canary Islands (between 18 and 34 years old) have been active in the real estate market (both in supply and demand) during the last twelve months, which represents a five-point drop compared to the participation rate (46%) of this group a year ago.
Among this young group, 41% are actively demanding housing, both for sale and rent, while only 2% are offering it on the market. These are some of the main conclusions drawn from the report "Radiography of the housing market in the Canary Islands in the first half of 2025", prepared by Fotocasa Research.
In addition, young people from the Canary Islands have an increasing tendency towards renting a property rather than buying. Thus, 19% of those surveyed between 18 and 34 years old have bought or are looking for a home to buy (five points less than a year ago), while it is very rare among this group to offer a property on the market.
On the contrary, almost a third of young people choose to participate in the rental segment, especially renting an entire property (30%), a percentage six points above that recorded in 2024. On the other hand, 9% choose to rent a room (two points less than a year ago). Only 2% of young people from the Canary Islands currently offer a rental apartment on the market (nine points less than a year ago).
Nine out of ten young people from the Canary Islands do not own the house where they live
If we analyze the last action taken in the market in the last 12 months by this young group in the field of demand, the percentages are distributed as follows: 17% have looked for a home to buy, but have not yet succeeded; 8% have rented an apartment to live as tenants, another 8% have looked for a home to rent, but have not yet succeeded, and only 2% have been able to effectively acquire a home.
Those who are looking for a rental room in a shared apartment and have achieved their goal are 2% of the total, while 3% opt for this alternative, but without having achieved it effectively.
Regarding the ownership of their current home, 51% of young people from the Canary Islands reside in a property they own, while 49% do so in a rented one. Despite this, the vast majority (91%) of young people between 18 and 34 years old do not own the property where they live, as it generally belongs to their parents or direct relatives, or it is a rented apartment.
Logically, this percentage decreases progressively with age: the rate of owners increases to 40% in the middle-aged segment (from 35 to 44 years old) and to 66% in the most senior cohort (from 45 to 75 years old).