Housing prices in Spain rose more than twice as much as in the EU by the end of 2025

The rise in housing prices in Spain continues to be one of the most significant in Europe.

According to the latest data published by Eurostat, the increase in housing prices in the countries of the European Union reached 5.5% year-on-year in the last quarter of 2025, while in the eurozone the increase compared to the same period of the previous year was 5.2%. In both cases, the EU average is well below the domestic increase, which stood at 12.9% and consolidated its position as the fourth highest in the EU.

According to the European statistical office, the rise in housing prices in Spain accelerated by one-tenth of a percentage point compared to the two preceding quarters and represents the largest increase since the first quarter of 2007. Furthermore, Spain has now substantially exceeded the average increase in real estate prices in both the EU27 and the eurozone for three consecutive quarters.

Of the countries with available data, 25 registered increases, and nine experienced double-digit growth. The largest year-on-year increases were recorded in Hungary (21.2%), Portugal (18.9%), and Croatia (16.1%), followed by Spain (12.9%), Slovakia (12.8%), Bulgaria (12.6%), Latvia (11%), Lithuania (10.8%), and the Czech Republic (10.4%).

The most moderate increases occurred in Sweden (1.2%), France (1%), and Luxembourg (0.1%), while Finland was the only country with a year-on-year decrease in house prices during the fourth quarter of 2025 (-3.1%).

Compared to the previous quarter, prices decreased in France (-0.7%), Finland (-0.5%), and Estonia (-0.3%), while the largest increases were recorded in Slovenia (+5.1%), Hungary (+4.2%), and Portugal (+4%). Compared to the three immediately preceding months, the increase in housing prices in the EU was 0.8% and 0.6% among the euro countries, while the quarterly rise in house prices in Spain was 1.8%, the tenth highest increase in the ranking.