| Index | Quarterly variation % | Year-over-year variation % | Variation since the beginning of the year % | |
|---|---|---|---|---|
| General | 106.491 | 3.3 | 10.5 | 3.3 |
| New dwelling | 106.601 | 4.8 | 8.0 | 4.8 |
| Existing dwelling | 106.478 | 3.2 | 10.8 | 3.2 |
| Units: Index (Base 2025 = 100). | ||||
| Source: INE. | ||||
| Index | Quarterly variation % | Year-over-year variation % | Variation since the beginning of the year % | |
|---|---|---|---|---|
| General | 107.458 | 3.5 | 12.9 | 3.5 |
| New dwelling | 106.129 | 3.5 | 9.1 | 3.5 |
| Existing dwelling | 107.666 | 3.5 | 13.5 | 3.5 |
| Units: Index (Base 2025 = 100). | ||||
| Source: INE. | ||||
Last update: June 8, 2026. Next update: September 7, 2026
Methodological note
The House Price Index aims to measure the evolution of the purchase price of free-market dwellings purchased by private households, both resident and non-resident, in Spain. Dwellings purchased by legal persons or financial institutions are not included.
The House Price Index is calculated as the quotient between the estimated price in the current quarter and the estimated price in the fourth quarter of the previous year, for each type (newly built and existing), multiplied by 100. It is constructed using the Laspeyres formula, which is a weighted arithmetic average of the price indices of various consumer goods.
House prices come from administrative records, collecting around 95% of dwelling transactions during the quarter.
The House Price Index methodology follows the recommendations of the Technical Manual on Owner-Occupied Housing and House Price Indices (PDF), prepared by Eurostat and agreed by the European Union (EU) countries, with the aim of harmonising its calculation in the EU.
From the first quarter of 2026, the base year or reference period of the House Price Index is year 2025. It coincides with the reference period of the Harmonized House Price Index, which also adopts the year 2025 as its base, in compliance with Regulation (EU) 2016/792 of the European Parliament and of the Council, of 11 May 2016, which establishes that harmonized indices and their sub-indices must be rescaled every ten years.
This base change involves a modification of the values of the indices disseminated previously but does not alter any of the indicator's rates of change.