The sale of homes slows down in Spain, but continues in the Canary Islands

While the national market loses momentum, the archipelago continues to show a more solid evolution

Viviendas de Costa Teguise, en Lanzarote. Compraventa.
Viviendas de Costa Teguise, en Lanzarote. Compraventa.

The sale of homes resumed its declines in July, with a decrease of 5.1% year-on-year, although in the Canary Islands it increased by 2.1%, and accounted for 61,417 operations, representing the sixth drop so far this year, according to data published this Friday by the National Statistics Institute (INE).

By type of home, in July home sales decreased for both new and used homes. Specifically, the latter, the most numerous in the market with 78% of the total, decreased by 6.1% to 48,128 units. In the case of new homes, the drop was smaller, 1.4%, to 13,289 operations.

With this new adjustment, home transactions accumulate a decrease of 3% so far this year, in a context marked by the lack of available housing to meet growing demand, which is pushing prices up, and at a time when the eviction of Maricarmen, 87 years old, has once again put the housing crisis at the center of political and social debate.

By regime, most operations corresponded to free housing, almost 94%, and amounted to 57,607 units, 4.4% less than in July 2025, according to the INE, which obtains this data from information contained in the Property Registries throughout the national territory under the collaboration agreement signed between both.

For their part, sales of protected housing fell by double digits, 14.4%, to 3,810, and accounted for 6.2% of the total.

 

They accumulate an adjustment of 3% so far this year

In the cumulative total of the first seven months of the year, the balance of home sales was negative, -3%.

After growing in 2025 by 11.5% and reaching 714,237 units, the highest figure since the peaks of 2007, home sales began the year with a drop of 5%, which continued in February with -0.5%, in March with an adjustment of -2.2%, in April with 1.8% less and in May the drop intensified to -7.3%.

In June, however, transactions rose by 1.6% after five months of decline, but in July the declines returned, by 5.1%.

By regime, the declines in the year extended to sales of free housing, -2.5%, and protected housing, -9.7%.

Between January and July, the biggest drop in sales occurred in second-hand homes, with an accumulated adjustment of 3.1%, while in new homes the decrease was 2.6%.

 

They fall in 11 communities and in 6 of them by double digits

In July, home sales fell in 11 autonomous communities, with decreases exceeding 10% in 6 of them.

The largest adjustments occurred in Asturias (–15.2%); Balearic Islands (–14.3%); Basque Country (–12.4%); Aragon (11.4%); Community of Madrid (-11.3%) and Cantabria (-10.2%).

Conversely, increases were seen in Navarre (26.4%); Galicia (10.8%); Castile and León (9.7%); Castilla-La Mancha (7.3%); Murcia (2.6%) and Canary Islands (2.1%).

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