Spanish housing market sees double‑digit price hikes, rents surge in Alicante

Data from regional reports show that housing prices are rising sharply across several Spanish regions. In Castilla y León, average prices reached €1,185 per square metre in Q2 2026, a 10.1% year‑on‑year increase, while the national average grew 12.4%. Similar upward trends were noted in other autonomous communities, with Murcia posting the highest rise at 18.2%.

In the city of Sevilla, a recent market analysis indicated that price growth is beginning to moderate as supply improves, though certain districts still recorded double‑digit increases. Meanwhile, Alicante faces an acute rental crisis, with rents up 38% after a new housing law, and 41 applicants competing for a single apartment.

These developments highlight a broader pattern of heightened demand, limited supply, and rising costs throughout Spain’s residential property market.