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House prices in Spain: average price (Euro per sq. m.) (2015=100)
Spain
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 2006.
House prices in Spain, % change 1 yr
Nominal and inflation-adjusted ('real')
Spain
Source: Banco de Espana
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2023 | 1.79% | 1.29% | ||
| 2022 | -4.35% | -0.35% | 1.68% | 0.76% |
| 2021 | -0.1% | -0.34% | -0.69% | -2.41% |
| 2020 | 1.21% | -6.85% | 6.32% | 1.21% |
| 2019 | 1.76% | 0.67% | 0.8% | 0.54% |
| 2018 | 4.07% | -0.25% | 2.24% | 0.78% |
| 2017 | 1.53% | -0.09% | -0.27% | 0.07% |
| 2016 | 1.59% | -2.46% | -0.6% | -0.5% |
| 2015 | 0.01% | -1.9% | -0.06% | -0.32% |
| 2014 | -0.85% | -1.62% | -0.65% | 1.49% |
| 2013 | -1.35% | -2.36% | -1.13% | -1.74% |
| 2012 | -2.55% | -3.29% | -5.43% | -2.39% |
| 2011 | 0.93% | -1.16% | -1.85% | -2.79% |
| 2010 | 1.26% | -0.3% | 1.02% | -0.21% |
| 2009 | 1.39% | -2.7% | -0.47% | -1.48% |
| 2008 | -0.61% | -2.82% | -2.39% | -0.69% |
| 2007 | 1.71% | -0.36% | -1.25% | -2.34% |
| 2006 | -1.79% | 1.64% | -0.32% |
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.