Recent polling averages position the Partido Popular (PP) as the clear frontrunner for most seats in Spain's November 29 snap general election, driving its elevated market price through consistent leads of several points over the PSOE. The snap vote, called in early October after the government's housing legislation stalled, has seen private surveys project the PP at roughly 31-33% support and 132-134 seats, with Vox gains pushing the combined right-wing bloc above the 176-seat majority threshold in most simulations. PSOE support hovers near 26-27% and around 108-111 seats, reflecting projected losses from 2023 levels and limiting its implied probability. Smaller parties show minimal movement in forecasts, aligning with their lower market pricing amid the two-bloc contest structure. Upcoming campaign events from mid-November remain key variables ahead of the vote.