Spain housing prices surge 12.5% YoY to record €2,355/sqm in Q2

Spanish free-market housing prices rose 12.5% year-on-year in Q2 2026, hitting a record €2,355 per square meter per the Ministry of Housing. The acceleration signals persistent demand-supply imbalance, likely fueling affordability concerns and potential policy responses. Sustained price growth may pressure household budgets and feed into inflation dynamics.