The national average asking price increased by 7.9% compared to last year. However, in some areas that were previously considered affordable, the growth was 20-30%.
This trend is most pronounced in Athens. In the 1st quarter, prices soared by 36.4%. Apartments in the Imitos area rose the most. Prices in Drosia, Tavros, Dafni and Ayia Varvara increased by more than 20%.
Thessaloniki overtook the capital region: sales there increased by 9.7% (against 7.9% in Attica).
The average rent in the country rose by 4.9%. In some areas, the growth reached 20% (Perama and Menidi).
Rent hit the pockets of residents of the affordable suburbs of Athens the hardest: Imitos (+22.4%), Perama (+20.2%). Acharnes and Haidari also showed significant growth.In Thessaloniki, rent increased by 6.6%, which is also higher than in Attica (4.2%).
According to analysts, selling prices are increasing faster than rental rates. This suggests that investors are actively buying real estate, which further complicates the situation for those who rent housing.
Source: Ekathimerini
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