Housing markets in Spain and Argentina face rising price pressures

In Spain, analysts warn that rental prices could reach a new historic peak by mid‑2027 as limited supply meets strong demand, while the price of newly built homes in Granada rose more than 7% in the first half of 2026, reaching €2,220 per square metre. In Madrid, about 20% of listed apartments lowered their asking price in the first quarter of 2026, reflecting sellers’ attempts to adjust to a market where transactions fell 7.3% year‑on‑year.

In Argentina, experts say the housing sector remains strained by a severe shortage of mortgage credit, making it hard for families to buy or rent homes. The lack of affordable financing is described as a central obstacle, and recent commentary highlights the difficulty of covering rent and expenses. Parallel commentary promotes dollar‑denominated mortgage products as a way to leverage investment despite higher interest rates, underscoring ongoing debate over how to improve access to housing.