Trends in the real estate market in the first quarter of 2025

The new G-Trends is now available, Gloval’s quarterly report that gathers the keys regarding the macro environment, the analysis of real estate segments and delves into certain current issues in the sector. This edition also has a new, more visual and attractive design.

Here is an introduction to some of the topics that we will be covering in this new real estate trends report for the first quarter of 2025:

For Spanish families and households, the purchase of a home is considered one of the most important events in their lives, and one of the most costly. In fact, the price of housing has been rising steadily over the last few years, which would mean a significant outlay or it would not be viable for many people to pay for it in cash. For this there is the tool of requesting a mortgage from a financial entity that advances the monetary part that is needed or complements the purchase of the asset. Due to these particularities, it could be a paradox that the number of homes bought in cash exceeds the number bought with bank financing, but the reality is that this is not an isolated fact at the present time, where, as can be seen in the graph that has been drawn up with data from the Notary’s Office, the percentage of homes bought without financing is 53% of the total, compared to 47% bought with external financing.

This has recently been the case since 2022, although if interest rates remain at current levels or even fall to around 2%, the curves will likely invert again in favor of applying for a mortgage, not to mention that not everyone can afford a home without assistance.

Homes purchased with a mortgage and in cash. Spain:

Investment in this supermarket real estate asset has seen significant interest from investors who lease the space to food chains, or from the brands themselves who purchase land to build their own supermarkets in locations with growth potential, such as areas of new housing development, etc. This particular interest began after the COVID-19 outbreak, where supermarkets became a “food pantry” and a key sector.

Retail Trade Index: Food

You may also see our previous GTrends Reports and our latest GIX Reports, where we analyse the main real-estate economic indicators in Spain.