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Property
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EconomyMacroeconomy
Falling property FDI raises questions about housing market after Golden Visa rush The latest data from the Bank of Greece (BoG) on non-residents investments in real estate underlined the effects that the Golden Visa scheme had on the Greek property market, largely contributing to the housing crisis which the government is now trying to tackle.
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Economy
Housing costs, food prices set limits to impact of tax cuts The Greek government’s efforts to shift the narrative and change its political fortunes are crashing against the realities on the ground as reflected in the frequent data releases from Eurostat and ELSTAT.
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Society
Access to housing market slipping away for young Greeks The housing crisis is a central issue for the Greek public and the country’s political discourse, with the government attempting to address the challenges faced by young Greeks by allocating the lion’s share of its latest tax relief package to those under the age of 30 and families with two children or more children.
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EconomyMacroeconomy
Property prices rise by 7.3 pct YoY in Q2, index at all-time high again The growth in the nominal value of apartments in Greece accelerated marginally in the second quarter of 2025, increasing by 7.3 percent year-on-year (YoY) from 7 percent in Q1 2025, Bank of Greece (BoG) data released on Wednesday showed.
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PoliticsGreek Politics
Government hopes new affordable homes bill can help alleviate housing pressure Greece’s housing crisis has emerged as one of the key issues that the government has to address as part of its effort to tackle structural problems and boost its chances of winning a third term in office.
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Economy
Finance Ministry seeks solutions to address growing housing problem After months of taking a beating due to the Tempe crash, the Greek government has launched a concerted effort to change the narrative with an emphasis on issues related to the daily lives of Greeks and has modestly loosened the purse strings with a couple of voter friendly handouts.
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EconomyMacroeconomy
Property price rise slows to 8.7 pct in 2024, from 13.9 pct jump in 2023 The growth in the nominal value of apartments in Greece slowed further in the last quarter of 2024, increasing by 6.6 percent year-on-year (YoY) from an upwards revised 8.1 percent in Q3 2024, Bank of Greece (BoG) data released on Thursday showed.
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PoliticsGreek Politics
Mitsotakis unveils latest housing measures as ND rebels query foreclosure regime Hoping to show that the government has solutions to offer to the escalating housing crisis, PM Kyriakos Mitsotakis announced a raft of new measures designed to help first-time buyers. In the latest sign of unrest in his party, a group of ND lawmakers chose the same day to table a question on home foreclosures.
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EconomyMacroeconomy
Property prices see steady increase of 9.2 pct in Q2, pace of rise moderates further The growth in the nominal value of apartments in Greece continued at a steady pace in the second quarter of 2024, increasing by 9.2 percent year-on-year (YoY) from an upwards revised 10.6 percent in Q1 2024, Bank of Greece (BoG) data released on Tuesday showed.
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PoliticsGreek Politics
Housing tops government plans for policy reset in autumn Measures aimed at making housing more affordable are set to be one of the central themes of the policy package that Prime Minister Kyriakos Mitsotakis is due to unveil in his keynote speech at the Thessaloniki International Fair in early September.