The sale and purchase of homes recorded in July 2026 a year-on-year decline of 11.1%, down to a total of 65,395 transactions, thus chaining seven consecutive months of decreases, while the average price per square meter rose by 7.7%, up to 2,112 euros/m2, according to data released this Tuesday by the Statistical Information Center of the Notariat (CIEN).
In parallel, the signing of mortgage loans intended for the purchase of housing decreased by 4.9% and the creation of new commercial companies advanced by 0.8%, as detailed by the notaries in an informative note.
By type of property, transactions of apartments decreased by 12.7% compared to the same month of the previous year, down to 48,415 units, while single-family homes fell by 6.2% year-on-year, down to 16,980 transactions.
Regarding prices, the value of apartments increased by 12.5% year-on-year, up to 2,547 euros/m2, and that of single-family homes reached an average of 1,495 euros/m2, after a rise of 2.3%.
The sale and purchase only resists in Extremadura
By autonomous communities, the activity of buying and selling housing contracted in 16 regions. The most intense adjustments occurred in the Basque Country (-20.2%), La Rioja (-20.1%), and the Valencian Community (-19.1%), while only Extremadura recorded an advance of 0.9%.
As for the price per square meter, in the whole of Spain there was a year-on-year increase of 7.7%, with rises in 16 autonomous communities. Leading these increases were Asturias (29.3%), the Region of Murcia (22.3%), and Galicia (19.8%). The only exception was the Balearic Islands, where the price showed no variation compared to July 2025.
The average size of housing in Spain experienced in July a year-on-year drop of 2%. However, the behavior was uneven among territories: in 12 autonomous communities, the average size of homes decreased, while in five others, increases were observed.
By type of property, the evolution of apartments stands out, whose average size decreased by 5.5% in year-on-year terms and has accumulated three consecutive months with declines exceeding 5%, which constitutes "a historical anomaly in the series," as emphasized by the notaries.
The sharpest cuts in the average housing surface were located in the Canary Islands (-7.1%), Cantabria (-6.8%), and Asturias and La Rioja (both at -6.5%). On the opposite side, the largest increases were in Aragon (6.0%), Navarra (2.7%), and the Balearic Islands and Castilla y León (both at 2.6%).
Mortgages for buying homes fall by 4.9%
Mortgage loans for the acquisition of housing decreased by 4.9% year-on-year in July, down to 36,685 operations, and the average amount of these loans slightly reduced, by 0.2% year-on-year, to 183,644 euros.
The percentage of homes purchased with mortgage financing stood at 56.1%, and the loan amount represented, on average, 71.6% of the purchase value.
By autonomous communities, the number of formalized mortgages fell in 15 territories, with particularly intense declines in La Rioja (-26.9%), Asturias (-19.6%), and the Basque Country (-12.0%). In contrast, increases were recorded in Extremadura (3.1%) and Catalonia (2.9%).
Regarding the average amount of new mortgage loans for the purchase of housing, the trend was predominantly upward, with increases in 14 autonomous communities, led by Extremadura (13.6%) and the Basque Country (12.7%). In the remaining ones, declines were observed, more marked in the Community of Madrid (-9.2%) and Asturias (-7.9%).
The creation of companies grows by 0.8%
The CIEN also details that the establishment of commercial companies increased by 0.8% year-on-year in July 2026, reaching a total of 11,945 new companies.
Within this group, companies with an initial share capital of between 3,000 and 4,000 euros accounted for 8,539 establishments, which represents a 0.2% increase compared to July of the previous year. In this segment, the average starting capital was 3,013 euros.
By territories, the creation of new companies increased in 11 communities, highlighting Navarra (22.0%), Cantabria (11.8%), and Galicia (11.8%), while it decreased in the other six, with the most notable declines in La Rioja (-26.6%) and the Basque Country (-14.2%).
Finally, the CIEN specifies that the data corresponding to the last three months of the series included in this note are provisional until 100% of the information used for the preparation of these reports is available.