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Building permits down 11.4 pct in August for second successive drop
EconomyMacroeconomy. Following the August performance, the aggregate figures for the 8-month period point to a modest drop..., 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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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Building activity up again in May but with smaller rise of 1.9 pct
EconomyMacroeconomy, the aggregate figures for the 5-month period point to an increase of 6.1 percent in permits and a higher... 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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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 have nosedived by 41.5 percent since Q3 2008. The institutions’ forecasts point to a further decline
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Building activity soars 35.4 pct in July mostly reflecting a low base effect
EconomyMacroeconomyperformance in July, the aggregate figures of building permits for the 7-monht period point... 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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Building activity edged up 1 pct in September
EconomyMacroeconomyfor the 9-month period continue to point to a decline of 7 percent. In addition, the corresponding surface... show that apartment prices fell by 0.6 percent quarter on quarter and by 1.5 percent year on year in the third quarter (Q3). From its peak of 102.2 in Q3 2008, the apartment prices index has tumbled
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Building activity resumes downswing falling by 5.7 pct in October
EconomyMacroeconomyperiod point to a decrease of 6.8 percent, while the corresponding surface and volume figures.... Meanwhile, apartment prices fell by 0.6 percent quarter on quarter and by 1.5 percent year on year in the third quarter (Q3), according to the Bank of Greece (BoG). Overall, apartment prices have plummeted 42
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Building activity down 1.4 pct in November
EconomyMacroeconomyperformance. The aggregate figures for the 11-month period point to a decline of 6.3 percent, while... permits having plummeted by more than 80 percent over this period. At the same time, apartment prices... from the previous quarter for the second time in 2016. Since the peak posted in Q3 2008, apartment
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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomyyear. The aggregate figures for the whole year point to a decrease of 5.5 percent, accelerating from..., apartment prices dropped by 0.6 percent year on year in the fourth quarter (Q4) of 2016... years, apartment prices have plummeted 41.7 percent after reaching a record high in Q3 2008
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Building activity increases by 16.4 pct in October
EconomyMacroeconomypercent drop in apartment prices year-on-year in the third quarter of 2017. This followed a drop of 1.1 percent in Q2. Apartment prices have been falling since the first quarter of 2009. Net deductions... construction confidence indicator released by the European Commission showed that the index rose by 1 point
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