Property prices continue on upward trajectory with 8.6 pct rise in Q1

EconomyMacroeconomy Tags: ELSTAT, Property

The rise in the nominal value of apartments in Greece slowed slightly to 8.6 percent year-on-year in Q1 of this year, from an upwards revised 9.5 percent in the last quarter of 2021, Bank of Greece (BoG) data released on Tuesday showed.

Q4 2021 saw the highest annual increase in property prices in Greece, even before the upwards revision since the series was available back in 2007.

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