Literally, "to blast through" suggests using dynamite or explosives to remove a barrier--a rocky hill, or perhaps a concrete wall.
In the case of prices, sometimes there will seem to be price levels that are like psychological barriers. Perhaps house prices gradually rose, to €70.000 and €80.000 and €90.000, but seemed to stop rising as they approached €100.000. That level seemed like some kind of limit. People would look at a €100.000 price and refuse to pay.
Then, suddenly, prices rose, not just a little bit above €100.000, but a lot. And they didn't fall back, they kept on climbing.
It is as if prices had encountered a concrete wall, and then "blasted through it" with explosives.