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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 fallen by 17 percent since the end of 2010 with cumulative net deductions of around 12.5 billion
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Building activity soars 35.4 pct in July mostly reflecting a low base effect
EconomyMacroeconomyto 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. Meanwhile, the housing lending sector remains in contraction since the beginning of 2011 with net deductions
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Building activity edged up 1 pct in September
EconomyMacroeconomyshow 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... on cumulative net deductions of 14 billion euros over this period. In addition, 28.1 billion or 42 percent
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Building activity resumes downswing falling by 5.7 pct in October
EconomyMacroeconomy. 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... net deductions of 14 billion since 2011 with balances down 19 percent over this period. BoG said
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Building activity down 1.4 pct in November
EconomyMacroeconomypermits 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..., when domestic credit entered into negative territory with remarkable net deductions of 14.3
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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomy, 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... since then on extended net deductions of more than 14.5 billion euros. Moreover, 42 percent
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Building activity rises by 9 pct in June, permits above 1,000 for fourth month
EconomyMacroeconomythat apartment prices dropped by 1.2 percent year-on-year in the second quarter of 2017 following a revised drop of 1.7 percent in the previous quarter. Apartment prices have been in contractionary territory since the first quarter of 2009. Net deductions in the housing loan sector amounted to 186 million
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Building activity falls by 2.4 pct in July
EconomyMacroeconomyin the previous quarter. Apartment prices have been in decline since the first quarter of 2009. Net.... The most recent quarterly Bank of Greece (BoG) figures show that apartment prices dropped by 1.2
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Building activity drops by 5.2 pct in August
EconomyMacroeconomy. Apartment prices have been in decline since the first quarter of 2009. Net deductions in the housing loan... Bank of Greece (BoG) figures show that apartment prices dropped by 1.2 percent year-on-year
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Building activity drops by 3 pct in September, permits increase above 1,000
EconomyMacroeconomy) figures showed a 0.6 percent 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 in the household loan sector came to 156.2 million in October, with the balance
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