The cost of buying a home in Andalucia has surged at its fastest quarterly rate since records began.
Data released by the National Statistics Institute (INE) shows that the price of free-market housing in Andalucia rose by 4.1% between January and March compared with the previous quarter, representing the largest increase since the current housing price index was introduced in 2007.
The rise was significantly above the national average of 3.5%.
On an annual basis, property prices in Andalucia climbed by 13.3% compared with the first quarter of 2025, outpacing the Spanish average of 12.9%.
The increase marks the region’s third-highest annual rise on record, surpassed only by the property boom years of 2007 and the first quarter of 2025.
The figures also show that second-hand homes are continuing to drive the market higher, with resale properties increasing by 13.6% year-on-year, compared with 11.3% for newly built homes.
Andalucia has now recorded 20 consecutive quarters of annual house price increases.
Across Spain, property prices have now risen year-on-year for 48 straight quarters, highlighting the relentless pressure facing buyers.
The strongest annual increases were recorded in Aragon and Murcia, where prices jumped by 15.6%, while Castilla y Leon and Ceuta both saw rises of 14.9%.
At the other end of the scale, Cataluña and Navarra recorded the most modest increases at 10.5%, followed by the Basque Country at 10.2%.
The latest figures come amid growing concerns over housing affordability across Spain, particularly in popular coastal regions such as the Costa del Sol, where soaring demand, limited supply and competition from international buyers continue to push prices higher.
While the INE index measures percentage changes rather than actual property values, the latest data confirms that the upward trend in Andalucia’s housing market is showing little sign of slowing down.
The first quarter increase also means house prices have now risen for nine consecutive quarters on a quarter-by-quarter basis nationwide.
For prospective buyers, especially younger Spaniards and first-time purchasers, the dream of home ownership is becoming increasingly difficult to achieve as prices continue to outpace wage growth.
Read more Andalucia news at the Spanish Eye.
