Market activity in Galicia
Sales recorded by the registrars each quarter, the share bought by foreign buyers, new mortgages and the monthly sales count.
House sales
6,886 homes changed hands in Galicia in Q2 2026, -15.6% on a year earlier.
Quarterly house sales
- Q2 2026
- 6,886
- On a year earlier
- -15.6%
- On the previous quarter
- +2.0%
- Peak
- 9,969 in Q2 2007
Source: Ministry of Development
Foreign buyers
Foreign buyers took 6.3% of sales in Galicia in Q2 2026: 324 who live in Spain and 53 who live abroad.
Foreign buyers, share of sales
- Q2 2026
- 6.3%
- On a year earlier
- −0.4 pts
- Foreign buyers
- 432
Source: Ministry of Development
Who bought, Q2 2026
| Buyer | Share of sales | Homes |
|---|---|---|
| Spaniards living in Spain | 93.5% | 6,436 |
| Foreigners living in Spain | 4.7% | 324 |
| Foreigners living abroad | 0.8% | 53 |
| Other or unknown | 1.1% | 73 |
Source: Ministry of Development
Foreign buyers, Q2 2026
Source: Ministry of Development
Mortgages
1,582 home mortgages were approved in Galicia in Jul 2026, worth €219.7M, +7.1% on a year earlier.
Monthly mortgage approvals
- Jul 2026
- 1,582
- On a year earlier
- +7.1%
- On the previous month
- +11.6%
- Lent in the month
- €219.7M
- Average loan
- €138,858
Source: National Institute of Statistics
Monthly sales
The monthly count is less detailed but published sooner: 2,409 homes sold in Galicia in Jul 2026, +10.8% on a year earlier.
Monthly house sales
- Jul 2026
- 2,409
- On a year earlier
- +10.8%
- On the previous month
- +17.1%
Source: National Institute of Statistics
How homes changed hands, 12 months to Jul 2026
| Type of transfer | Share of transfers | Homes |
|---|---|---|
| Sales | 53.6% | 26,503 |
| Inheritances | 23.6% | 11,656 |
| Gifts | 0.8% | 390 |
| Swaps and other | 22.1% | 10,937 |
Source: National Institute of Statistics
Monthly sales, Jul 2026
Source: National Institute of Statistics