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The figures side by side

MeasureCanarias
Price per m²—
Change in a year—
Change in five years—
Affordability
Payment, two incomes24%
Payment, one income47%
New homes
Licensed, 12 months5,554
Per 1,000 residents2.5
Foreign buyers
Bought by buyers abroad, 12 months15.6%
Past cycles
Deepest fall−31.7%
Recovery from the low129 months
People and new homes
New residents per new home, 20249.7
Population change, 2024+21,924
Empty homes
Empty, 2021 census19.4%
Empty homes211,452
Renovation
Homes in existing buildings, 202510%
Public housing works
Signed in 2025€66M
Per resident, 2025€29

Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.

Every report

Affordability

  • Canarias

    Figures for Spain: Canarias has no reliable figures of its own.

    At the average appraised value, a 90 m² home costs €205,146. With 10% down and a 30-year mortgage, the payment is €782 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

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New homes

  • Canarias

    69.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

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Foreign buyers

  • Canarias

    Buyers living abroad bought 15.6% of the homes sold here in the four quarters to Q2 2026.

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Past cycles

  • Canarias

    Appraised values have fallen by 3% or more once since 1995. That fall began in Q2 2008.

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People and new homes

  • Canarias

    In 2024 the population grew by 21,924 while 2,262 homes were finished: 9.7 new residents for every new home.

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Empty homes

  • Canarias

    19.4% of the 1,088,700 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

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Renovation

  • Canarias

    In 2025, 10% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

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Public housing works

  • Canarias

    Public bodies signed €66M of housing works here in 2025, and €83.8M since 2017.

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