Spanish Housing Market Update: April 2026 Land Registry Data

Let’s dive straight into the latest provisional data from Spain’s land registry (Colegio de Registradores) for April 2026. If you are tracking the Spanish property market, the headline figure shows a gentle tapping of the brakes nationally, but as always with Spanish real estate, the real story is entirely local.

Here is exactly what happened to residential property sales in April 2026 compared to the same month last year.

National Overview: April 2026

• Total Residential Properties Sold: 52,522

• National Year-on-Year (YoY) Change: -3.2%

• Data Type: Provisional Land Registry Data (Datos Provisionales de la Estadística Registral Inmobiliaria).

• Scope: This data specifically isolates residential property sales. Total property transfers (including rustic land and commercial urban properties) are higher.

Regional Performance: Key Highlights

The national 3.2% dip doesn’t mean every market is slowing down. We are seeing a major divergence between regions. Catalonia is completely bucking the trend with strong growth, while Madrid and Valencia are seeing significant double-digit or near-double-digit contractions.

The Growth Leader

• Catalonia: +6.2% (The standout performer of the month, showing strong resilience against the national trend).

Stable / Minor Contractions

• Murcia: -0.7% (Essentially flat, holding its ground).

• Canary Islands: -1.7% (Mild dip, outperforming the national baseline).

• Andalusia: -3.7% (Moving roughly in tandem with the overall national average).

• Balearic Islands: -4.0% (A slight cooling off in a high-demand, low-inventory luxury market).

Sharp Slowdowns

• Valencian Community: -8.2% (A notable correction for what has been a massive market hotspot recently).

• Madrid: -11.1% (The sharpest decline of the month, indicating heavy inventory strain or buyer resistance to peak pricing).

The Bottom Line

The Spanish market isn’t crashing; it’s fragmenting. While buyers in Madrid and Valencia might be finding a bit more breathing room as sales volume drops, Catalonia is still running hot. If you are looking to buy or sell, you need to ignore national headlines and look strictly at your specific zip code.