House prices in Spain: average price (Euro per sq. m.)
March, 10, 2022
House prices in Spain. We use the Banco de España's quarterly time-series of the average price per square metre of open-market appraised housing in Spain, which uses a geographical disaggregation based on Ministerio de Fomento data, weighted by the number of houses in each province according to the Census. It stretches back to 1995.
House prices in Spain, % change 1 yr
Nominal and inflation-adjusted ('real')
Source: Banco de Espana
Quarterly change in house prices, inflation-adjusted
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.