Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008

EconomyMacroeconomy Tags: BoG, Property
Image by MacroPolis
Image by MacroPolis

The nominal value of apartments in Greece during the second quarter (Q2) of the year showed a rise of 0.8 percent year-on-year (YoY) after a drop of 0.2 percent in Q1, Bank of Greece (BoG) data showed on Thursday.

The latest figure marks the first increase in apartment prices in almost a decade. The last increase in prices was noted in Q4 2008, when an increase of 0.6 percent was reported.

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