Will house prices continue to rise in 2026? This is the forecast made by ‘Idealista’

In 2026, housing prices will continue to rise and supply will continue to fallboth for sale and for rent, due, according to the real estate portal Idealisticto “legislative uncertainty” and to “lack of minimum agreements”which will make it “almost impossible” to approve or modify any law that improves housing accessibility.
With a predicted increase of more than 15% year-on-year in the price of housing for sale at the end of 2025, Idealistic describes the housing situation in Spain as a “national emergency” and encourages institutions not to undermine confidence in data and statistics – especially when these show the “ineffectiveness” of measures – and to adopt a new approach based on consensus, experts and, above all, decisions based on data.
According to the Idealista spokesperson, Francisco Iñaretathe disappearance of housing from the rental market is due to the “increasingly marked” imbalance between owners and tenants, caused by legislation that tends to “overprotect” tenants with a contract in force, but that “has excluded tenants who are looking for housing”.
Iñareta warns that in 2026 prices will soften in the areas where they have hitwhile they will continue to rise in those markets in which there has been no intervention, a situation that will cause supply to continue falling, affecting those looking for a home.
More than 50 interested parties compete for each ad that is published in Idealista and begin a ‘casting’ process every time they try to access a rental, with the selected family being the one that offers the most “payment security”, giving rise to a “fierce” competition for access to housing where the most affected are single-parent familieswith minors, with those over 65 years of age or people who must assume the rental with a single income.
Many profiles who, until the application of rent imbalance policies, had no problems accessing a lease, now find themselves “excluded” due to this process of “elitisation” of the rental marketwhich has resulted in large groups currently being “systematically rejected.”
The demand seeks used housing
On the other hand, in terms of housing sales, the weight of demand is based on used housing, which, according to the real estate portal, “it’s been a long time since it’s been enough to hold it“. They insist on ending “the criminalization of construction”, whose levels are, today, around 100,000 units per year, and propose the activation of mechanisms, such as the Land Law, which would accelerate the creation of new homes, or policies to attract and train workers that the construction sector needs.
The demand for home purchases is “very high”, But more and more families are withdrawing from the market due to the financing conditions, which require a volume of savings beyond the reach of many of them due to record prices that are surpassed month after month, with notable growth in cities such as Madrid and Valencia, while in Barcelona prices will grow to single digits at the end of the year, having alleviated the reduction in supply with homes from the rental market.
According to Idealista, these price increases far exceed family income, which causes the effort that must be made to buy a home is increasing, which in large markets already exceeds the limits recommended by all financial experts.
Sales and mortgage forecasts
The numbers of home sales are at their highest, exceeding 700,000 units sold, although at the end of 2025 there has been a slowdownpossibly caused by high prices and the reduction of available homes.
The real estate platform believes that it is “complicated” for these growth rates to be maintained in the coming quarters, but “it is very possible that it will stabilize in this section at the expense of permanent, seasonal and vacation rentalswith the profound impact it has on those markets.”
The granting of mortgages, unlike in 2024, has gone from more to less, achieving moderate growth in the final part of the year, despite the fact that The environment has “always been conducive”, with low interest rates and high employment levels, which has favored strong demand and banking competition that has translated into offers below the cost of money, with fixed rates below 2% and mixed rates below 1.5% in their initial fixed tranches.
In this context, variable mortgages have “almost disappeared”, and subrogations have also been greatly reduced, after the high activity of bank exchanges in 2023 and the beginning of 2024. In this aspect, stability is expected for 2026, having to monitor both the evolution of housing prices and economic activity and the unemployment rate, which could tarnish a year that should also be positive for the mortgage market, according to Idealista.
