Select a country

Spain House Price Index: Average price per square metre for open-market appraised housing

Spain

Source: Banco de España

House prices in Spain, % change 1 yr

Nominal and inflation-adjusted ('real')

Spain

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20240.80%-0.01%
20231.63%-1.03%0.12%1.28%
20220.28%-2.81%-1.21%0.60%
20210.06%-0.64%0.45%-1.18%
20200.43%-2.00%1.11%-0.65%
20192.44%-1.34%0.73%-0.15%
20181.31%-0.31%0.17%0.92%
20171.20%-0.52%1.15%-0.21%
20162.20%-0.59%-0.29%-0.80%
20151.34%-0.52%0.87%0.48%
20140.65%-1.05%0.52%0.12%
20130.08%-1.72%-0.29%-2.44%
2012-2.51%-4.26%-2.83%-3.77%
2011-2.81%-3.10%-0.83%-2.86%
2010-0.69%-2.57%-0.85%-1.94%
2009-1.37%-3.08%-0.84%-1.25%
20080.47%-2.59%-1.26%-2.23%
20071.81%-0.65%0.64%-0.99%
20063.41%0.68%1.04%1.09%
20054.57%1.69%1.53%0.84%
20045.73%3.29%2.19%1.55%
20035.39%5.07%2.91%1.31%
20025.51%3.97%2.53%0.36%
20013.41%2.14%1.33%0.99%
20002.32%1.80%0.10%-0.66%
19992.39%2.54%1.91%-0.28%
19981.58%6.02%1.33%-2.79%
1997-0.95%4.97%-0.69%-3.88%
1996-2.16%0.61%-1.43%-0.01%
19955.23%1.11%-0.90%0.64%
1994-2.41%-0.47%0.12%-1.16%
1993-2.11%0.54%-0.44%-1.07%
1992-6.61%-2.78%-1.57%-1.52%
19914.29%3.30%0.27%2.89%
19900.91%-0.23%-0.03%

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.


Yearly change in house prices, nominal and inflation-adjusted

YearInflation AdjustedNominal Change
20231.99%5.32%
2022-3.13%3.25%
2021-1.31%4.43%
2020-1.13%-1.85%
20191.65%2.10%
20182.11%3.86%
20171.62%3.09%
20160.49%1.47%
20152.17%1.85%
20140.24%-0.26%
2013-4.32%-4.20%
2012-12.72%-10.02%
2011-9.27%-6.78%
2010-5.93%-3.53%
2009-6.39%-6.25%
2008-5.53%-3.21%
20070.78%4.77%
20066.35%9.11%
20058.88%12.75%
200413.32%17.22%
200315.45%18.52%
200212.87%17.32%
20018.09%11.13%
20003.59%7.73%
19996.69%9.58%
19986.08%7.67%
1997-0.75%1.21%
1996-2.97%0.25%
19956.11%10.75%
1994-3.87%0.32%
1993-3.05%1.57%
1992-12.00%-7.41%
199111.14%17.33%

The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.


Subscribe to Global Property Guide

Access up-to-date real estate data and statistics.

Get behind the paywall and more...

Get the data behind 70+ countries for $29 per month.
Latest Market Reports
Rental Yields
House Price Indices
Rent Price Indices
Square Meter Prices
Median Prices and Rents
Mortgage Rates
Property Taxes
Investment Properties
Quarterly Market Overviews