(Visited 9 times, 1 visits today)
(Visited 9 times, 1 visits today)

Greece: 6.3% increase in property prices in the first half of 2019

According to the BoG’s data, it is estimated that in the second quarter of 2019 apartment prices increased by 7.7%, compared to the corresponding quarter of 2018. In the first quarter of 2019 the corresponding increase was 4.9%.

The analysis of the data by geographical region shows that the increase in apartment prices in the second quarter of 2019 compared to the corresponding quarter of 2018 was 11.1% in Athens, 7.0% in Thessaloniki, 4.1% in other major cities and 4.9% in the rest of the country.

Based on the revised figures, it is estimated that in the first quarter of 2019 apartment prices increased by 7.1% in Athens, 5.4% in Thessaloniki, 2.5% in other major cities and 3.2% in other regions of the country compared to the first quarter of 2018. For the whole of 2018, the increase in prices in the same regions compared to 2017 was 2.7%, 1.0%, 0.8%, and 1.1 % respectively.

Finally, for all urban areas of the country, apartment prices were up 8.0% in the second quarter of 2019 compared to the second quarter of 2018. Based on revised figures, on the first quarter of 2019 the corresponding increase in apartment prices in urban areas was 5.2%, while for the whole of 2018 the average annual increase stood at 1.7%.

(Visited 9 times, 1 visits today)

Read more:
Greece: HRADF starts selling process of AIA shares

The Hellenic Republic Asset Development Fund that promotes the implementation of privatizations in Greece, posted an invitation to submit an...

Close