El precio de la vivienda se dispara en Canarias: un 18% más solo durante el pasado mes de julio
In July 2026, the Canary Islands experienced a notable increase in property prices, with the average cost per square meter rising by 18.8% to 2,453 euros. This surge occurred despite a 6.9% decrease in property transactions, which totaled 2,146 units. Compared to the national scene, where sales fell 11.1% and prices only climbed 7.7%, the Canary Islands’ market dynamics stand out significantly.
The rise in property prices, amid declining sales, highlights a robust demand for high-quality real estate in the Canary Islands. This demand is likely driven by the islands’ unique allure as a prime destination, enticing buyers to invest more in premium properties. The contrasting trends of falling sales and rising prices suggest that the market is favoring exclusive locations.
Nationally, mortgage approvals dropped by 4.9%, while new business formations saw a modest increase of 0.8%. These trends indicate a market in transition, balancing between cautious lending and entrepreneurial growth. For those interested in the Canary Islands, the current climate suggests a focus on high-demand areas, where property values are expected to remain strong.
