The main real estate portals have warned that the residential market is heading towards a stabilization phase. In their opinion, this change is not so much due to a possible worsening of financing conditions, but to the sharp increase in housing prices, which is already excluding numerous potential buyers from purchasing.
These valuations come after the National Institute of Statistics (INE) published this Tuesday that the sale of homes decreased in January by 5% compared to the same month in 2025, to account for 57,489 transactions. In parallel, the number of mortgages constituted on homes increased by 6.3% in January compared to the same month in 2025, reaching 40,273 loans.
The spokesperson for Fotocasa, María Matos, anticipates a gradual slowdown in the market after five years of strong increases. She attributes it to a demand that is losing purchasing power and to an offer that remains limited, which will cause the accessibility gap to continue widening and make it increasingly difficult to access housing.
In similar terms, the spokesperson for Idealista, Francisco Iñareta, has stated that high housing prices are expelling many interested buyers from the market, a phenomenon especially evident in large cities like Madrid. At the same time, the volume of mortgages remains robust due to the reduced prominence of investors and high prices that force recourse to mortgage financing.
For his part, the director of Estudios de Pisos.com, Ferran Font, has underlined that demand continues to show strength and that, given the expectations of housing revaluation and the possibility of changes in monetary policy, it is likely to remain active in the coming months.
The CEO and co-founder of Trioteca, Ricard Garriga, has pointed out that the reduction in the average mortgage amount in January does not necessarily imply a drop in housing prices, although it may show some containment in the volume financed per operation.