Spain's residential property market maintained strong upward momentum in the first quarter of 2026, with house prices rising 14.3% year-on-year, according to the latest IMIE Mercados Locales report from Tinsa by Accumin. In real terms, once inflation is accounted for, the increase stands at 11.8% — up from 10.7% the previous quarter — with the average price now sitting at approximately €1,987/m².