House prices in Spain are rising more than twice as fast as in the rest of Europe.

In Spain, house prices continue to rise unabated. Moreover, they are doing so at such a dizzying pace that few European countries can match it. According to information released by Eurostat this Friday, in the second quarter of the year, property values ​​increased by 12.8% compared to the same period in 2024. This is the third-highest increase in the eurozone, after those in Portugal (17.2%) and Croatia (13.2%). And if the range is extended to the 27 member countries of the European Union, it is the fourth (Hungary and Bulgaria also exceed it). According to Eurostat, prices rose 12.8% in the second quarter compared to the same period in 2024, while the EU average increased by only 5.4%. The statistical data support the upward trend that Spain has experienced in recent years regarding the rise in purchase prices. The latest increase, in the middle of the year, exceeds that of the first quarter (12.3%) and returns to double digits. During this period, the average observed in the euro area by the statistical office was 5.1%, and 5.4% overall for the European Union. However, although these percentages at the EU level have moderated slightly since the beginning of the year, in Spain they have only increased, which has worsened the difficulties in accessing housing to the point of becoming an odyssey for vulnerable groups.