Home sales in Spain drop 11.2% in first quarter of 2026

Home purchase transactions in Spain fell 11.2% year-on-year to 163,322 in the first quarter of 2026, according to data from the Ministry of Housing and Urban Agenda.

The Ministry of Housing and Urban Agenda reported that transactions reached the lowest figure for this period since 2024. Free housing accounted for 159,317 operations, down 11% from the previous year, while protected housing recorded 4,005, 20.4% lower.

Compared with the previous quarter, the drop was 18.4%. Sales of used homes fell 10.9% year-on-year and new-build homes declined 12.2%.

In 2025, 752,098 transactions were completed, the highest figure since 2007. First-quarter 2026 data stand 35% below the historic peak recorded in 2006.

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