Spanish house prices rose by 6.49% in 2018 from a year earlier (5.25% inflation-adjusted) to €1,493 per square metre (sq. m) – the biggest annual rise since 2006, according to TINSA. Quarter-on-quarter, nationwide house prices increased 1.7% during the latest quarter (1.34% inflation-adjusted)
After eight long years of house price declines, Spain’s housing market finally returned to growth in Q1 2016. Spanish house prices had fallen by a total of 41.9% (46.8% inflation-adjusted) from Q4 2007 to Q3 2015, based on figures from TINSA. There were 31 consecutive quarters of y-o-y declines.