Balearic home sales drop 9.4% as mortgages fall faster
Across Mallorca and the rest of the Balearic Islands, home sales fall 9.4% in August 2026 compared with a year earlier. Home mortgages drop even faster, down 25.8%. Only La Rioja records a steeper fall in home mortgages, at 28.3%.
Provisional figures from Spain’s College of Registrars put the Balearics third among the regions with the sharpest falls in home sales, behind La Rioja and Castilla and León. Mortgages on all types of property in the Balearics also fall, by 15.4%.
Spain as a whole moves the other way on home sales. Around 48,700 homes change hands nationwide in August, up 1.3% on a year earlier, while home mortgages rise 1.6%. The registrars’ provisional figures are projected from 94.8% of the records analysed.
Source: Europa Press / Mallorca.com