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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomyBuilding permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic... of Greece (BoG) figures showed that apartment prices rose by 0.8 percent year-on-year in the second... in apartment prices since Q4 2008. For 2017 as a whole, the decline in property prices came to an average
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Hotel industry sees investment in high-end units, but hampered by seasonality
EconomyFeaturesThe Greek hotel sector reported strong performance in 2019 as revenues rose by 7.3 percent year... on the latest available data from 2018, the HCH showed that hotels and hotel chains captured... of stays and 5.4 percent of revenue). In 2019, a total of 9,971 hotel units were registered in Greece
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Hotel guest numbers up 8.7 percent in 2014
Economyrepresents an increase of 4 million on 2013, pushing hotel bed occupancy up from 45.2 to 47.3 percent... – that is, someone who has lived for at least a year in Greece, regardless of nationality. Their share of hotel... of nights). Of these countries, the biggest increases in hotel arrivals were recorded for the US
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Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
EconomyMacroeconomyThe drop in apartment prices in Greece decelerated for the fourth successive quarter to 7.3 percent... indicates the twenty-second consecutive negative reading since Q1 2009. Apartment prices also dropped..., the apartment price index landed at 65.1 in Q2 2014, which indicates a cumulative nosedive of 36.3 percent from
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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomyThe rate of decline in apartment prices slowed for the fifth straight quarter to 7 percent in Q3..., apartment prices fell by 1.2 percent quarter on quarter (QoQ) in Q3, which is the fourteenth consecutive..., the index of apartment prices fell to 64 in Q3, implying a sharp decrease by 37.4 percent from
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomyApartment prices in Greece fell at a slower pace of 1.5 percent in the third quarter (Q3) of 2016.... The headline figure for Q3 is the lowest decline since 2009, when the apartment prices index fell for the first time. The comparison with the previous quarter shows that apartment prices decreased
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Apartment prices decrease at a sharper pace by 1.8 pct in Q1
EconomyMacroeconomyApartment prices in Greece fell at a sharper pace by 1.8 percent year-on-year (YoY) in the first...) data showed on Thursday. Compared to the previous quarter, apartment prices contracted by 0.5... percent QoQ. Apartment prices in Athens fell by 1.4 percent YoY in Q1, while those in Thessaloniki
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Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
EconomyMacroeconomyincrease of 2 percent in 2018. New apartment prices fell by an average of 0.8 percent in 2017. During..., respectively. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest... in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed
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Apartment prices rise by 6.9 pct in Q1
EconomyMacroeconomyon revised data, apartment prices increased on average by 10.4 percent in Athens, 7 percent in Thessaloniki, 4 percent in other cities and 4.6 percent in other areas of Greece. Apartment prices in Greece... of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018
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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomy, apartment prices increased on average by 10.5 percent in Athens, 7.7 percent in Thessaloniki, 3.8 percent in other cities and 4.5 percent in other areas of Greece. Apartment prices in Greece began... was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment
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