Makrognosis

Spain House Price Index

QuarterlyNot seasonally adjustedCode ES.HPI.Q.NSA

Latest (y/y)12.1%Q2 2026
Previous (y/y)12.8%Q1 2026
Level200.6Q2 2026

Spain House Price Index was up 12.1% year on year in Q2 2026, compared with 12.8% in Q1 2026.

The level stood at 200.6 (Index 2015=100).

That is the lowest reading since Q4 2024.

Among the 27 economies Makrognosis covers on this measure, it is the 4th highest.

Over the past ten years it has ranged from 0.9% (Q1 2021) to 12.9% (Q4 2025), averaging 6.4%.

Spain House Price Index, annual % change, Q1 2015 – Q2 20260%5%10%15%201620182020202220242026Robomacro
Spain House Price Index, annual % change, Q1 2015 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).
Spain House Price Index, level (Index 2015=100)751001251501752002014201620182020202220242026Robomacro
Spain House Price Index, level (Index 2015=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026200.612.1
Q1 2026194.112.8
Q4 2025187.412.9
Q3 2025184.112.8
Q2 2025178.912.8
Q1 2025172.012.3
Q4 2024166.111.4
Q3 2024163.18.3
Q2 2024158.67.9
Q1 2024153.26.4
Q4 2023149.14.3
Q3 2023150.74.5
Q2 2023147.03.7
Q1 2023144.03.5
Q4 2022143.05.5
Q3 2022144.27.6
Q2 2022141.78.1
Q1 2022139.18.5
Q4 2021135.66.3
Q3 2021133.94.2
Q2 2021131.23.3
Q1 2021128.10.9
Q4 2020127.51.7
Q3 2020128.61.8

Last 24 observations. The full history (50 observations) is available through the API.

Get Spain House Price Index in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ES.HPI.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ES.HPI.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2014
Observations50
FrequencyQuarterly
UnitsIndex 2015=100
AdjustmentNot seasonally adjusted
10-year high12.9% (Q4 2025)
10-year low0.9% (Q1 2021)
10-year average6.4%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeES.HPI.Q.NSA

House Price Index: how Spain compares

#EconomyPeriodLatest
1TurkeyQ3 202622.3%
2PortugalQ2 202616.5%
3BulgariaQ2 202615.5%
4SpainQ2 202612.1%
5RomaniaQ2 202612.1%
6HungaryQ2 202610.2%
7DenmarkQ2 20269.4%
8Czech RepublicQ2 20268.6%
9AustraliaQ2 20266.8%
10PolandQ2 20266.3%
11BrazilQ3 20266.1%
12IrelandQ2 20266.0%

House Price Index by country: all 27 economies ranked →

Other Spain indicators

Spain GDP (Gross Domestic Product)Spain GDP at market prices, current prices, SA+calendarSpain Inflation Rate (CPI)Spain Core Inflation RateSpain Unemployment RateSpain 10-Year Government Bond YieldSpain Credit Rating & Sovereign Risk ScoreSpain Industrial ProductionSpain Retail SalesSpain Producer Price Inflation (PPI)Spain Current account balance (Banco de Espana balance of payments, BE_17_1.1), EUR millionsSpain Current account balance, % of GDPSpain Trade Balance: Goods & ServicesSpain Exports of goods and services, Current prices, million EURSpain Exports of goods and services, chain-linked volumeSpain Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current house Price Index in Spain?
The latest reading is 12.1% year on year for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code ES.HPI.Q.NSA.

Last updated 2026-10-10. Source: Eurostat (Statistical Office of the European Union). Original title: “Spain - House Price Index (total, 2015=100)”.