MacroPolis

Mitsotakis unveils latest housing measures as ND rebels query foreclosure regime

Hoping to show that the government has solutions to offer to the escalating housing crisis, PM Kyriakos Mitsotakis announced a raft of new measures designed to help first-time buyers. In the latest sign of unrest in his party, a group of ND lawmakers chose the same day to table a question on home foreclosures.

Property prices see steady increase of 9.2 pct in Q2, pace of rise moderates further

The growth in the nominal value of apartments in Greece continued at a steady pace in the second quarter of 2024, increasing by 9.2 percent year-on-year (YoY) from an upwards revised 10.6 percent in Q1 2024, Bank of Greece (BoG) data released on Tuesday showed.

Housing tops government plans for policy reset in autumn

Measures aimed at making housing more affordable are set to be one of the central themes of the policy package that Prime Minister Kyriakos Mitsotakis is due to unveil in his keynote speech at the Thessaloniki International Fair in early September.

Despite further slowdown, property prices grew by 10.4 pct in Q1

The growth in the nominal value of apartments in Greece continued at a steady pace in the first quarter of 2024, increasing by 10.4 percent year-on-year (YoY) from an upwards revised 12.4 percent in Q4 2023, Bank of Greece (BoG) data released on Tuesday showed.

Inflation and property data cloud economic picture

Although most of the attention after the Easter break in Greece has gradually shifting towards the European Parliament elections on June 9, the economy continues to pose challenges for the government and to be a source of doubt about some policy choices.

ECB study finds Greeks overburdened by housing costs, most likely to miss payments

The European Central Bank published this week research, based on the ECB’s Consumer Survey, that analyses housing costs for the eurozone’s eleven largest countries which captures the rising housing spending, on expenditures related to rents or mortgages, home maintenance and utility bills.

Policing in spotlight after shocking domestic violence incident

The failure of the police to prevent the murder of a woman by her ex-partner outside a local police station where she had gone to seek protection has put the New Democracy government on the spot over its law-and-order policies.

Despite slowdown, Q4 property price rise pushes 2023 increase to 13.4 pct

The growth in the nominal value of apartments in Greece stayed strong in the last quarter of 2023, increasing by 11.8 percent year-on-year (YoY) from an upwards revised 12.1 percent in Q3 2023, Bank of Greece (BoG) data released on Tuesday showed.

What is driving the Greek housing market's recovery?

By: Georgia Nakou

When it comes to Greek house prices, there’s good news and there’s bad news. On the one hand, some read the recent rebound in property values almost to pre-crisis levels as a sign that the Greek economy is returning to normality after the decade-long financial crisis.

Despite slowdown, property prices jump by 11.9 pct YoY in Q3

The growth in the nominal value of apartments in Greece stayed strong in Q3 2023, increasing by 11.9 percent year-on-year (YoY) from an upwards revised 14.5 percent in Q2 2023, Bank of Greece (BoG) data released on Thursday showed.