The National Statistics Institute (INE) has just published its Housing Price Index (IPV) for the 4th quarter of 2020. According to its data, housing prices in Spain slowed their rise to 2.1% in 2020, a year that was marked by the COVID-19 pandemic. Despite registering the lowest increase since 2014, this indicator adds seven consecutive years on the rise. In 2019, the increase was 5.1%. The price of housing in Spain began last year with a 3.2% rise in the first quarter. An upward trend that progressively decreased as the year and the pandemic progressed to 2.1% in the second quarter, 1.7% in the third quarter and 1.5% in the fourth quarter of 2020. Despite the moderation of housing prices in 2020, coinciding with the advance of the coronavirus and its harmful effects on the Spanish economy, there are already 27 quarters in which the price of housing has been getting more expensive after the price debacle caused by the bursting of the real estate bubble.