House prices rise 12.9% year-on-year in first quarter
Housing in Spain appreciated by 12.9% year-on-year in the first quarter, with second-hand properties registering growth rates exceeding those of the property bubble.
House prices increased by 12.9% in the first quarter of 2026 compared to the same period the previous year, maintaining the growth rate of the last quarter of 2025, according to data from the National Statistics Institute’s (INE) House Price Index (IPV).
The second-hand market is experiencing appreciation rates that exceed those recorded during the property bubble, reflecting intense demand and a shortage of supply in the Spanish residential market.
This sustained upward trend poses significant challenges for buyers, particularly in the context of high interest rates and pressure on housing affordability throughout Spain, including the province of Alicante.
Source: informacion.es
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