**PP leads the market at 81% ahead of Spain’s snap general election on November 29, while PSOE sits at 17.5%.** Recent polling averages place the center-right Partido Popular (PP) at 32–34% and the incumbent PSOE at 25–27%, with Vox at 18–19%, giving the right-wing bloc a projected absolute majority in Congress. The early vote was triggered after Pedro Sánchez’s government lost parliamentary support for housing decrees in early October, amid broader voter concerns over affordability and coalition stability. A separate funding scandal probe centered on PSOE headquarters has further pressured the Socialists. These developments have consolidated trader consensus around PP as the likely largest party and probable government leader, consistent with seat projections across multiple pollsters showing PP and Vox combined well above the 176-seat threshold.