The contrast is demonstrated in the number of transactions, which in the fifth month of the year amounted to 44,013, the lowest figure in a month of May since 2020, in the midst of the pandemic.

"After the good data in April, which seemed to be the consolidation of a change in trend that had already started in January and February, the double-digit drop in May confirms that in 2024 the instability of the Spanish housing sector is causing certain turbulence in statistical comparisons with a 2023 that was greatly affected by war conflicts, inflation and the increase in mortgage prices", point out from the General Council of the Official Associations of Real Estate Agents of Spain (Coapi). According to their forecast, "it is likely that the arrival of summer will have a certain energising effect on the market thanks to transactions in the second home sector and those carried out for the next academic year."