The Spanish real estate market lived in July 2025 its best month of operations since there are records, promoted by the lowering of mortgages and a demand in full expansion.
According to data published by the National Statistics Institute, INE, this Thursday, Sale have registered an interannual growth of 13.7% and mortgages 25%with 64,730 sale operations and 45,067 mortgages signed during the month of July.
With these figures, it not only becomes the best month of the year, but also in the best July of the entire historical series, even exceeding the 2007 data, a reference year in the real estate boom in Spain.
The mismatch between a high demand – impulsed by the growth of employment, foreign investment and, in the last year, the lowest interest rates – and the limited available supply has caused a strong rebound in the cost of housing in recent years, favoring both the hiring of mortgages and the sale number.
María Matos, director of Studies and spokesman for Fotocasa, described the data as “an authentic milestone for the sector”, noting that “the most flexible monetary policy has returned 21% of buyers to the market, which now find the opportunity they had been waiting for some time.”
According to Fotocasa, The accumulated of the year places the sale 18% above 2024, confirming that 2025 will be the best exercise of the last 18 years.
From Idealista, Francisco Iñarta stressed that the strength of demand translates into “increasing price tensions” and explained that many families advance their purchase decision for fear of being excluded from the most wanted markets.
From the idealistic real estate portal, they agree that these figures give an idea of the strength of the demand and the tensions that the market lives. According to Francisco Iñarta, an idealist spokesman, “the price increase pushes many families to advance their purchase decisions taking advantage of financing conditions,” fearful of being excluded.
The growth of the activity is supported by a favorable financing environment and the interest of the banks to grant loans, which has led to what Fotocasa calls “a golden stage.”
The INE indicated Thursday that the number of mortgages on housing registered in the property records during July was 45,067, 25.0% more in annual rate.
This increase in loans consolidates, according to Matos, the change of the inciled cycle at the beginning of the year, and it is foreseeable that the mortgage market will maintain its strength in the coming months, with a significant increase in the sale of homes that could cause a rise in prices.
