Spain remains one of the European Union countries where residential real estate is rising the most noticeably. Last summer, it ranked sixth among EU countries for year-on-year price growth and seventh for quarter-on-quarter growth.
Eurostat data: Spain vs the EU and the euro area
According to Eurostat, housing prices in Spain rose by 2.9% in the third quarter of 2025 compared with the previous three months. This is almost twice the growth rate in the euro area (excluding Bulgaria) and the EU, where it stood at 1.6% in both cases. In addition, housing in Spain became 12.8% more expensive compared with July–September 2024, which is also more than twice the average annual figures for the euro area (5.1%) and the EU (5.5%).
Where prices are rising fastest
On a year-on-year basis, the strongest growth was recorded in:
- Hungary (21.1%),
- Portugal (17.7%)
- and Bulgaria (15.4%),
followed by Croatia (13.8%), Slovakia (13.4%), Spain (12.8%), and Czechia and Lithuania (10.8% in both cases). Over this period, housing prices declined only in Finland (-3.1%).
On the other hand, the most significant quarter-on-quarter price growth was seen in:
- Latvia (5.2%),
- Slovakia (4.9%),
- Portugal (4.1%),
- Bulgaria (3.8%)
- and Hungary (3.1%).
Meanwhile, prices fell in Luxembourg (-3.1%), Finland (-2.2%), Slovenia (-1.1%), Estonia (-0.8%) and Cyprus (-0.3%).
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