House price index for new and existing homes in the Basque Country, Spain 2007-2022
The house price index (HPI) for new and existing homes in the Basque Country, Spain, has increased steadily since 2013, reaching a 10-year record value in 2022. In that year, the HPI reached a value of 150.2 index points for newly built and 127.92 index points for existing homes, meaning that house prices for new construction have risen faster than for existing homes. These figures were around the average for the country. An index value of 150 suggests that house prices have risen by 50 percent since 2015 - the base year of the index.