House prices hit fresh highs in Spain and Portugal. What's behind it? | TheBriefWire
House prices hit fresh highs in Spain and Portugal. What's behind it?
Published 7 July 2026 ยท europe
In Spain and Portugal, the housing market is hitting new highs, with property prices climbing steeply and leaving many potential buyers priced out. The surge
In Spain and Portugal, the housing market is hitting new highs, with property prices climbing steeply and leaving many potential buyers priced out. The surge is driven by a mix of high demand and scant supply. Although mortgage approval rates are increasing, challenges like rising borrowing costs and stricter lending rules in Portugal pose risks.