Imofolio

Ourense province · report

Past price cycles in Ourense province

Appraised values have fallen by 3% or more 2 times since 2012. The deepest began in Q4 2012.

Deepest fall
−13.1%
Recovery from the low
48 months

Prices in Ourense province and in Spain, indexed

Appraised values, both set to 100 in Q4 2012.

  • Ourense province
  • Spain
  • 100 = Q4 2012
Show the numbers
PeriodOurense provinceSpain
Q2 2026104.5153.8
Q1 2026108.3151.2
Q4 2025103.7145.6
Q3 2025100.0140.6
Q2 202598.9136.7
Q1 202595.4132.8
Q4 202494.3128.8
Q3 202495.0125.5
Q2 202492.2123.8
Q1 202491.4121.9
Q4 202390.7120.3
Q3 202391.6118.4
Q2 202393.9117.1
Q1 202393.7116.8
Q4 202290.9114.2
Q3 202291.0113.6
Q2 202290.7113.7
Q1 202289.7113.2
Q4 202188.5110.6
Q3 202186.9108.5
Q2 202187.0107.7
Q1 202187.7106.2
Q4 202089.8105.9
Q3 202089.3105.8
Q2 202089.5105.2
Q1 202092.0107.1
Q4 201993.1107.9
Q3 201991.2107.0
Q2 201993.3106.9
Q1 201993.4106.9
Q4 201890.6105.7
Q3 201889.6103.8
Q2 201892.8103.7
Q1 201893.0102.3
Q4 201791.5101.8
Q3 201792.9100.6
Q2 201792.499.9
Q1 201789.699.6
Q4 201693.198.7
Q3 201692.297.9
Q2 201692.798.4
Q1 201692.697.5
Q4 201595.997.3
Q3 201593.496.4
Q2 201592.396.4
Q1 201593.895.2
Q4 201491.995.6
Q3 201494.195.1
Q2 201490.895.3
Q1 201493.795.3
Q4 201392.695.8
Q3 201394.397.7
Q2 201396.898.1
Q1 201397.399.0
Q4 2012100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
Q4 2012Q3 2021−13.1%10548
Q1 2026Q2 2026−3.6%3Not yet

Spain against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Spain
  • EU
  • 2015 = 100
Show the numbers
PeriodSpainEU
Q2 2026200.6168.6
Q1 2026194.1166.5
Q4 2025187.5164.6
Q3 2025184.1163.5
Q2 2025178.9161.0
Q1 2025172.0158.5
Q4 2024166.1156.2
Q3 2024163.1155.1
Q2 2024158.6152.7
Q1 2024153.2149.8
Q4 2023149.1148.9
Q3 2023150.7149.1
Q2 2023147.0148.2
Q1 2023144.0147.6
Q4 2022143.0148.7
Q3 2022144.2150.9
Q2 2022141.7149.6
Q1 2022139.1146.2
Q4 2021135.6143.2
Q3 2021133.9140.2
Q2 2021131.2136.0
Q1 2021128.1132.1
Q4 2020127.6129.8
Q3 2020128.6128.1
Q2 2020127.0126.3
Q1 2020126.9124.4
Q4 2019125.4122.7
Q3 2019126.3121.5
Q2 2019124.3119.8
Q1 2019122.9117.6
Q4 2018121.0116.8
Q3 2018120.5115.9
Q2 2018117.9114.2
Q1 2018115.0112.3
Q4 2017113.4111.2
Q3 2017112.4110.4
Q2 2017110.4108.8
Q1 2017108.2106.9
Q4 2016105.8106.1
Q3 2016105.4105.4
Q2 2016104.6103.8
Q1 2016102.7102.0
Q4 2015101.3101.1
Q3 2015101.3100.8
Q2 2015100.799.8
Q1 201596.798.3

Appraised values go back to 1995 for Spain, its regions and provinces, and to 2005 for municipalities over 25,000 inhabitants. They are quarterly, so falls are dated by quarter. A fall counts once values drop 3% below a peak, and ends when they are back at it.

Other reports for Ourense province

At the average appraised value, a 90 m² home costs €96,327. With 10% down and a 30-year mortgage, the payment is €367 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
12%
Payment, one income
24%

12.5% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
260
Per 1,000 residents
0.9

Buyers living abroad bought 3.1% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
3.1%

In 2024 the population grew by 940 while 278 homes were finished: 3.4 new residents for every new home.

New residents per new home, 2024
3.4
Population change, 2024
+940

43.7% of the 272,883 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
43.7%
Empty homes
119,280

Public bodies signed €12.3M of housing works here in 2025, and €12.3M since 2017.

Signed in 2025
€12.3M
Per resident, 2025
€40