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  1. BoG data shows that overseas property investment revenue accelerated in 2018

    EconomyFeatures

    . Property prices The latest data from the BoG showed that apartment prices in Greece during..., the increase in the first, second and third quarters of 2018 was 0.3 percent, 1 percent and 2.1 percent... to an average price contraction of 1 percent in 2017. During the final quarter of the year, properties

    14%
  2. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    Authority (ELSTAT). The respective surface area number recorded a modest 1 percent increase, while... building activity have affected apartment prices, which fell 9.2 percent in Q3 with the number and value

    13%
  3. Building activity down by 3.5 pct in Sept for third straight fall

    EconomyMacroeconomy

    permits shrank to a low of 13,383 in 2014 from a peak of 65,474 in 2008. At the same time, apartment... percent in 2015, 5 percent and 1 percent in 2017 under the baseline stress test scenario. Housing

    13%
  4. Drop in building activity accelerates to 11.3 pct in Oct

    EconomyMacroeconomy

    of 65,474 in 2008. Apartment prices dropped in the third quarter (Q3) of 2015 by 6.1 percent for their 26th... Greece’s adjustment programme project a drop of 5 percent in 2016 and 1 percent in 2017 following

    13%
  5. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    of building permits tumbled to 13,383 in 2014 from a peak of 65,474 in 2008. Apartment prices fell... by 5 percent in 2016 and 1 percent in 2017. Meanwhile, housing loan balances have contracted by 16

    13%
  6. Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    over this 7-year period. Apartment prices fell for the 27th successive quarter in the third quarter (Q3... programme point to a further decrease in housing prices by 5 percent in 2016 and 1 percent in 2017

    13%
  7. Building activity falls by 11.5 pct in March for third straight decline
    Photo by MacroPolis

    EconomyMacroeconomy

    . Meanwhile, apartment prices have decreased by 41.6 percent over this period. Official estimates point to a further drop of 5 percent in 2016 and 1 percent in 2017. In addition, housing loan balances have

    13%
  8. Athens prepared to legislate measures before global deal with lenders
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    apartment reportedly worth 470,000 euros, in the couple’s paperwork. The report claims that Mitsotakis... full-time position to contract workers and would maintain the ratio of 1 hiring to every 5

    13%
  9. Building activity rises 24.7 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 2016. Meanwhile, Bank of Greece (BoG) figures showed that apartment prices decreased by 1.8 percent year-on-year in the first quarter (Q1) of 2017 following a drop of 1 percent in the previous quarter

    13%
  10. Building activity falls by 0.9 pct in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that apartment prices decreased by 1.8 percent year-on-year in the first quarter of 2017 following a drop of 1 percent in the previous quarter. The prices have posted a fall of 42.2 percent from

    13%