The Greek housing market is expected to slow slightly from double-digit price increases during 2025. According to forecasts by the European Banking Authority, an independent body overseeing the health of the European financial system, in 2025, housing sales prices nationwide are expected to increase by 4.4%.
If this forecast is confirmed, it will be a significant slowdown in the annual growth rate by almost 50% compared to 2024, when, based on data from the Bank of Greece indicators, the increase was 8.7% on average.
According to EBA data, over the 2025-2027 period, the average annual increase will not exceed 3.4% – i.e. slightly above inflation – in a further indication of stabilization in housing sales prices, after the rapid growth of the period 2022-2024. In 2023 prices increased by 13.9% and last year by 8.7%, while in 2022 they had increased by 11.1%, resulting in the average annual rate of the said three-year period being 11.2%.
Therefore, if the scenario for an average increase of 3.4% over the next three years is confirmed, it will be a clear and healthy de-escalation of the market’s course in terms of values and a sign that the current economic situation and purchasing power of households can no longer support further increases.
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