Data published by Tinsa reveals that purchasing a home during this period was on average 19.1% more expensive than in the same quarter of the previous year. This price hike is also reflected in the quarterly comparison, with growth exceeding 4% in several communities, including the Comunitat Valenciana.
By province, Alicante leads the increase with an 18.3% year-on-year rise, followed by Castellón with 18% and Valencia with 17.4%. These three Mediterranean coastal provinces show the most significant price increases. Regarding provincial capitals, the city of Alicante saw new housing prices grow by 16.1%, while in Valencia the increase was 13.6%, and in Castellón, 9.4%.
The Tinsa report also highlights that Valencia and Alicante are among the ten Spanish cities that have surpassed the housing bubble's peak in nominal terms. However, the company clarifies that, when accounting for inflation, no capital exceeds this limit.
Other relevant localities analyzed by Tinsa, such as Sagunto and Benidorm, have registered price increases exceeding 20% nominally. In the city of Valencia, districts like Rascanya, Poblats del Nord, l’Olivereta, l’Eixample, and Poblats de l'Oest have also surpassed this percentage.
The study also addresses the effort required to acquire a first home. In Spain, households on average allocate 33.9% of their disposable income to the first year's mortgage payment. This percentage exceeds 35% in eight provinces, including Alicante. The city of Valencia is approaching the level considered critical, with 43%, a figure similar to that of Seville.




