Housing sales rise almost 14% in June in the Canary Islands

Published on Wednesday, August 6, 2025 - 08:26H

Following this upward trend, these operations advanced by 19.7% in the semester, according to provisional data published this Tuesday by the National Statistics Institute (INE), which however reflects how in June they moderated their increase compared to the previous month.

Housing sales registered increased in June in the Canary Islands by 13.8% and in Spain as a whole by 17.9% year-on-year, totaling 59,021 operations, thus marking twelve consecutive months of increases in a context marked by the reduction in financing costs due to lower interest rates.

Housing sales began the year with an 11% increase in January, which rose to 13.9% in February, surged by 40.6% in March, eased to 2.3% in April, and grew again in May at double digits, 39.7%.

Second-hand grows by 16% and new by 25.3%

By type of housing, second-hand home purchases - which continue to be the most numerous, accounting for 78.7% of the total- grew by 16%, reaching 46,451 units, according to the INE, which compiles this statistic from information contained in the Property Registries. With this new year-on-year increase, used home purchase chains ten months with positive rates.

However, new home purchases were the ones that rose the most in June, by 25.3% -thirteen consecutive months of increases-, with 12,570 operations. By housing regime, free housing totaled 54,688 transactions in the month, 92.7% of the total, and recorded an 18% year-on-year advance. In the case of protected housing, purchases rose by 16.3%, reaching 4,333 operations.

Housing sales fall by 3.3% compared to May.

However, housing transactions fell by 3.3% compared to the previous month, when they intensified their increases to achieve the highest figure recorded in a May since 2007 (61,054 operations). Specifically, new home purchases decreased in June by 1.7% month-on-month, while in used homes the decline was 3.8%. By regime, transactions with protected housing increased by 11.6%, while those with free housing decreased by 4.3%.

Rise by nearly 20% so far this year

With June’s increase, again in double digits but more moderate than that observed the previous month, housing sales accumulate an advance of 19.7% in the semester. New housing confirms its boom by rising by 30.6%. Meanwhile, accumulated operations with used housing rise by 17%. If we look at the regime, free housing is the one that increases the most, by 20.2%. Used housing increases by 13.4%.

Cantabria leads the increases

With the exception of the Community of Madrid, Navarre, and the Balearic Islands, housing purchases grew at double digits in June in the rest of the regions. The largest increases occurred in Cantabria (41.7%), Aragon (37.7%), Castilla y León (35.2%), the Basque Country (29.2%), Catalonia (28.7%), Extremadura (26.6%), La Rioja (24.6%), and Galicia (23.5%). In the Community of Madrid, one of the largest markets along with Catalonia, these transactions advanced by 3.7%.