Housing Price Escalation in Madrid Approaches 20% in the Last Year - IMIE Local Markets Q3 20
» New and resale housing in Spain increased by 11.7% year-on-year in the third quarter and 3% quarter-on-quarter. » Madrid approaches 20% year-on-year growth and surpasses San Sebastián as the capital with the most expensive €/m2: €4,664/m2 compared to €4,554/m2 in the Basque city. » Up to 13 provinces (9 in the second quarter) registered double-digit annual increases, located in Madrid and bordering provinces, the Mediterranean Coast, the North, and the Islands. The combination of robust demand at post-bubble highs and insufficient supply consolidated the upward cycle of the residential market in Spain during the third quarter. The Tinsa IMIE Local Markets Q3 2025 statistics, published today, show that the average value of new and resale housing increased by 11.7% year-on-year in the third quarter in nominal terms (+8.6% in real terms, discounting the effect of inflation), which represents an acceleration compared to the previous quarter. This price increase is widespread through...