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  1. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    trend in August would not continue into the following months. In terms of hotel occupancy rates... through to September. France performed the best with a decline of 42 percent in their hotel occupancy

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  2. Property ownership waning in Greece as renting takes over

    Society

    an apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... for apartments and 20 percent for houses. However, it was also noted that within the last few years... two years was tourism-related property (61.9 percent) followed by apartments (24.3 percent

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  3. Newsletter 276 -04/12/2020

    Newsletters

    challenges. 2 Apartment prices rise by 3.2 pct in Q3 Latest quarter marks eleven consecutive rises The rise in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the third.... Old apartments, classified as over five years old, saw their prices increase by 2.6 percent in Q3

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  4. Newsletter 297 - 21/05/2021

    Newsletters

    billion euros which was 181 million euros higher than its monthly target. Apartment prices increase 3.2... in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter... in Q4 2020. Old apartments, classified as over five years old, saw their prices increase by 3.4

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  5. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    at 13,383 in 2014 from 65,474 registered in 2008. Apartment prices, which are indirectly linked to building... downward revision of Greek macro environment would lead to a sharper decline in apartment prices

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  6. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    activity is indirectly linked to apartment prices, which fell for the twenty-fifth straight quarter... drop in apartment prices in the next two years. Building activity is also related to the evolution

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  7. Major fall of 31.6 pct for building activity in July

    EconomyMacroeconomy

    activity. Apartment prices, which are indirectly linked to building activity, recorded a decline... respectively, will further delay the long-awaited rebound in apartment prices at least for the next two

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  8. Building permits down 11.4 pct in August for second successive drop

    EconomyMacroeconomy

    , the number of building permits landed at 13,383 in 2014 from a high of 65,474 in 2008. Apartment...) of 2015. Over the last seven years, apartment prices in Greece have dropped by more than 40 percent

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  9. Building activity down 18.8 pct in January, permits hit new low

    EconomyMacroeconomy

    ) figures indicate apartment prices contracted for the 27th straight quarter by 5.4 percent year on year in the fourth quarter (Q4) of 2015. During 2015, apartment prices dropped by 5.1 percent, while

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  10. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    to a nosedive of more than 86 percent. Bank of Greece (BoG) figures showed that apartment prices retained... of 2015. As a result, apartment prices have tumbled by 41.7 percent from their peak in Q3 2008

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