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The Spanish real estate market: what role do young heirs play?


The 17% of the current supply in the Spanish real estate market is inherited housing that the heirs have decided to put on the market either to sell or rent. The profile of the heir with a home on the market is mainly a 54-year-old man, but the young group is increasingly present, especially those between 25 and 34 years old, which has gone from representing 8% in 2020 to 15%. in 2023.

Regarding the average price of housing in Spain, the Housing Price Index (IPV) published by the National Institute of Statistics (INE) shows that the average housing price in Spain stood at 223,380 euros in July 2021. The IPV also provides information on housing prices by autonomous community, province and capital.

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