Housing prices are rising: a square meter will exceed €1,900 by 2025.

The real estate network Donpiso predicts that the average home price in Spain will increase by 7% throughout the year, exceeding €1,900 per square meter , driven by the stabilization of interest rates, pent-up demand following recent years, and a limited supply of new construction.

Donpiso also estimates that in major Spanish cities , prices will be above 3,900 euros per square meter.

Furthermore, it estimates that the total number of residential sales transactions could reach 800,000 this year, almost 25% more than the 641,919 recorded in 2024.

By autonomous community, those with the greatest demand will be Madrid, Catalonia, the Valencian Community, and Andalusia, which together will account for more than 50% of the expected sales transactions.

These will be joined by the autonomous regions in the north of the country, which have shown positive growth due to factors such as residential tourism, investment attraction, and the recovery of domestic buyers.

Donpiso's deputy general manager, Emiliano Bermúdez, has assessed that the consolidation of employment, the downward adjustment of interest rates, and the pressure of demand will boost prices and the volume of sales this year, which will reach pre-financial crisis levels (between 2008 and 2014).

"Although we don't foresee a boom, we do anticipate sustained growth in 2025. Urban areas with a high concentration of services and good connectivity will continue to be the most sought-after. Rising prices are causing a surge in buyer interest in mid-sized capitals and metropolitan areas, especially in municipalities in the first and second belts. This will be the dominant trend for the remainder of the year," Bermúdez said.

Regarding the buyer profile, the real estate network indicates that the trend of purchases linked to improvements to primary residences continues, especially among families and young people with access to financing, along with a progressive, albeit "moderate," revival of investment in housing as a refuge from inflation.

At the same time, he asserts that the mortgage market is also showing signs of stabilization, with the Euribor hovering around 2% and improved conditions offered by banks.

Donpiso emphasizes that the shortage of affordable housing and the lack of structural policies in land, urban planning, and construction remain the main obstacles to a more sustainable market development.

"The demand exists. The challenge is to meet it with a viable offer, affordable prices, and legal security for the owner," concluded Emiliano Bermúdez.