The second quarter of 2024 has been crucial for the real estate market in Catalonia, with a slight slowdown in home sales, which have fallen by 9% compared to the previous quarter, and a year-on-year decrease of 8.9%. Despite this decline, the price per square meter has shown a stable trend, with a slight quarterly increase of 0.3% and a year-on-year rise of 2.2%, reaching €2,477/m², the highest figure since 2011.
The new housing market has also experienced a slight slowdown, while the demand for used homes continues to represent more than 80% of transactions. Although the percentage of home purchases by foreigners has increased, the absolute volumes have decreased.
In the rental market, prices continue to rise, with an average rent of €869, especially in the province of Barcelona, where the average rent reaches €958 per month. The rental supply has remained low, which keeps pressure on prices.
In summary, the real estate market in Catalonia maintains relative price stability, but the slowdown in activity and the lack of supply, both for sales and rentals, remain significant challenges for the rest of the year.
English 
Spanish 
Catalan