Spain

SpainPrice/income

Spain first; euro area, France, Italy, Portugal, United Kingdom and United States alongside.

132.5

+3.9 (+3.0%)

As of 2026 Q1 | index

Latest
132.5 2026 Q1
Previous
128.6 2025 Q4
Min
54.8 1982 Q2
Max
153.3 2007 Q3
PeriodValue
2026 Q1132.5
2025 Q4128.6
2025 Q3125.9
2025 Q2123.7
2025 Q1121.4
2024 Q4118.7
2024 Q3116.3
2024 Q2114.6
2024 Q1113.1
2023 Q4112.7
2023 Q3114.0
2023 Q2113.4
2023 Q1114.4
2022 Q4116.5
2022 Q3118.7
2022 Q2120.0
2022 Q1120.9
2021 Q4117.3
2021 Q3115.4
2021 Q2114.6
2021 Q1113.8
2020 Q4115.0
2020 Q3116.3
2020 Q2117.1
#CountryPrice/incomeChangePeriod
1Portugal178.8+2.4 (+1.4%)2026-03
3Spain132.5+3.9 (+3.0%)2026-037United States125.1−0.6 (−0.5%)2026-0621Euro area108.4+0.7 (+0.6%)2025-1224United Kingdom104.5+0.6 (+0.6%)2026-0330France93.6−0.2 (−0.2%)2026-0334Italy89.1−0.2 (−0.2%)2026-03

What the price-to-income ratio is

The OECD price-to-income ratio compares nominal house prices with household disposable income. A higher reading means prices have outpaced incomes relative to the index history. Latest: 132.5 in 2026 Q1.

This is an affordability ratio, not a mortgage rate and not a typical purchase price. From 1971 Q1 to 2026 Q1 (221 quarters): latest 132.5 (2026 Q1), previous 128.6 (2025 Q4); low 54.8 (1982 Q2), high 153.3 (2007 Q3).

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).