Press Release - June 2026

• Turnover at real estate advisers reached €9.4 billion in 2025, representing year-over-year growth of 9.3% from 2024, maintaining the expansionary trend seen in the previous year, amid strong demand and rising prices in the residential market.

• Agencies generated €8.715 billion in revenue, up 9.4%, while companies with a real estate consultancy profile increased their revenue by 8.7%, to €685 million. 

• INFORMA's DBK Sectoral Observatory recently published these insights in the 'Real Estate Advisers' Sectoral Basic Report.

Madrid, 2 June 2026.- According to INFORMA's (Cesce's subsidiary) DBK Sectoral Observatory—a leading provider of business, financial, sectoral, and marketing information in Spain and Portugal—activity at real estate advisers maintained the growth trend recorded in the previous fiscal year in 2025, amid continued dynamism in the real estate market.

Total sector turnover reached €9.4 billion, representing an increase of 9.3% from 2024, when it grew by 14%.

By operator type, business generated by real estate agencies reached €8.715 billion, after growing 9.4%, accounting for over 92% of the market. Real estate consultancy firms, meanwhile, posted turnover of €685 million, up 8.7%.

Residential real estate market performance in 2025 was shaped by buoyant demand (new household formation, foreign purchases remaining at high levels, and lower interest rates—which hit a low in July before starting to rise again from then on—) and a significant increase in prices. The number of free-market housing transactions exceeded 730,000 units in 2025 (+5.1%), with a value of 153,954 million euros (+14.1%).

In the non-residential segment, the trend of rising investment and rents also continued, with activity particularly strong in the office and hotel segments.

In January 2025, there were 60,683 companies engaged in real estate activities on behalf of third parties, up 4.2% from a year earlier. The number of premises saw similar growth, to over 69,000 units.

The sector continues to be characterised by strong fragmentation, with a predominance of small companies with Spanish capital, mostly owned by private shareholders. However, companies with greater specialisation in real estate consultancy generally have a larger average size, with subsidiaries of foreign groups standing out alongside companies of domestic origin.

Data Synthesis, 2025