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Housing Sector Dealing with Over 10,000 Older Homes Abandoned Last Year
The latest data from GLP Values chartered surveyors of advisers, expert agents and brokers shows that an estimated 150,000-180,000 existing properties in Greece are being...
BoG: Financial Crisis Causing Property Prices to Free-Fall
Property prices are in free-fall, with apartment prices down 41.4% in the 2006-2016 period, Theodoros Mitrakos, vice-governor of the Bank of Greece (BoG) said...
Greek Households Spend More than 41 Percent of Income on Basic Housing Needs
Greek households' living conditions and ability to maintain property to cover basic housing needs are behind other member states of the European Union. Information from...
Bloomberg: Greek Banks See increase in Housing Loans by 2015
Greek banker Theodoros Kalantonis, who has survived the worst of times in the past six years, said he can finally see the resurrection of home lending,...
Reduction of Greek Houses Prices Second Worldwide
According to a survey published at the Global Housing Watch website, prices of Greek houses in the fourth quarter of 2013, have dropped by 7%,...
Greek Property Prices Continue to Drop in 2014
The Bank of Greece data showed that Greek housing prices are dropping during the first quarter of 2014, compared to the same period of...
Greek Real Estate Prices Plummet as Properties Sit Empty
Bank of Greece data has revealed overtaxation of properties and lack of demand have resulted in almost 250,ooo properties being unsold in Greece, dragging house...
Greece Second in Falling Property Prices
New data by the Bank of Greece reveal that the Greek real estate market slumped by 9.2 percent during the third quarter of 2013,...
Greek Consumer Prices Decline For Tenth Month
Greece's EU harmonized consumer prices decreased for the tenth consecutive month in December, data released by the Hellenic Statistical Authority revealed Monday.
The harmonized index...
House Prices Drop in Greece
According to the Bank of Greece’s Monetary Policy report published on Tuesday, since the beginning of the financial crisis five years ago, in 2008,...