Rise of property prices continues with 4.6 pct increase in Q2

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

The rise in the nominal value of apartments in Greece accelerated to 4.6 percent year-on-year (YoY) in the second quarter (Q2), from an upwards revised 3.5 pct in the first quarter (Q1), according to Bank of Greece (BoG) data released on Thursday.

On average, house prices increased by 4.6 percent in the first half of 2021, after a revised 4.4 percent in 2020 and a 7.2 percent in 2019.

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