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House price growth in Greece has slowed

10.04.2025
Homesoverseas.ru editorial office
228
In the 4th quarter of 2024, according to the Bank of Greece, house prices increased by 6.6% in the whole country and by 6.2% in Attica. The growth rate continued to slow down in the last quarter of last year, although it certainly remains well above inflation. 

In general, in 2024, the average price increase across the country was 8.7%, but the slowdown is obvious, given that in the 1st quarter the increase reached 10.8%.

Attica (+ 8.2% for the year compared to +13.9% in 2023)

Thessaloniki (+11.2% for the year compared to +16.6% in 2023)

Other regions, mostly tourist (+ 10.6% for the year compared to +11.6% in 2023)

Real estate in new buildings rose in price by 10.1% in 2024 (+12.9% in 2023).Significantly lower growth was recorded in the secondary market: +7.8% for the year (+14.5% for 2023).

Source: Ekathimerini

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