Explosion on real estate transfers in the first two months of 2026, with a jump of up to 32.44% in February due to the program «Home II», accelerates planning for a new housing policy cycle as the programme closes unexpectedly on 2 June, as part of the revision of the Recovery Fund.
The data of the AADE shall clearly reflect where the market mobility arises. During that period, the proceeds from the transfer tax real estate It amounted to 96.52m euros compared to 86.89m euros in the corresponding period of 2025, recording an increase of 11.1%. February was the month that made the difference, with revenues of 59.2m euros from 45.91m euros last year, confirming that the market is fuelling the programme. Demand is concentrated on specific categories of property. Most revenue comes from house transfers and, above all, old apartments, which form the basic «tank» The «Home II»Construction transfers contributed EUR 81.25 million in the two-month period, compared to EUR 72.87 million in 2025, while the increase in plots and plots was more moderate, to EUR 15.27 million from EUR 14,02 million.
Pressure on the market
Buyers who have obtained approval for a loan are immediately looking for real estate, speed up procedures and push for deals to catch the deadline. This creates a compressed wave of transactions that passes directly into public revenue. The pressure peaks as the deadline approaches. The program is completed on June 2, three months earlier than the original design, turning the purchase into a road race for those who have already approved their applications and have located property. Those who fail, stay out and will have to move again on the terms of the next cycle.
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