Total house sales in Canary Islands

Quarterly report of housing transactions in Canary Islands recorded by official registrars

• Q1 2023: 7,137
• Annual change 7.23%
• Quarterly change 3.68%

Jan - Mar 2023	All transactions	International buyers	Annual change
Las Palmas	3,923	1,369 (34.90%)	8.77%
Santa Cruz de Tenerife	3,214	1,547 (48.13%)	5.28%

Note: Registrars publish this data quarterly, often up to 6 months after the transaction date. We check government sources daily and post the latest data as soon as it becomes available.

Source: Ministry of Development

International buyer activity

House purchases by foreign nationals as a percentage of total property transactions, Jan - Mar 2023

• Q1 2023: 40.86% of all transactions
• Annual change 2.21%
• Quarterly change 4.12%

This includes both resident and non-resident foreign buyers.

Source: Ministry of Development

See also: Expat population of Canary Islands

Domestic mortgage approvals

Number of new mortgages and loans on property in Canary Islands, August 2023

• Aug 2023: 2,049
• Annual change 13.27%
• Monthly change 43.79%

Aug 2023	No. loans	Value	Annual change
Las Palmas	1,027	€239,497,000	10.91%
Santa Cruz de Tenerife	1,022	€258,313,000	15.74%

Official mortgage data is published monthly, normally 8-12 weeks after the transaction date.

Source: National Institute of Statistics

House sales (monthly) in Canary Islands

This housing transaction data is less detailed than the quarterly release, but is more regularly updated.

• Aug 2023: 2,085
• Annual change 25.62%
• Monthly change 7.98%

Province	Annual change	Aug 2023 transactions
Las Palmas	26.87%	1,078
Santa Cruz de Tenerife	24.23%	1,007

Source: National Institute of Statistics

1. Spanish Market Data
2. Canary Islands
3. Activity

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