Press Releases

According to data from the Bank of Greece in the first quarter of this year, the rate of house price growth in Greece is reaching record highs. More specifically, prices rose 14.5% year-on-year in Greece as a whole, and even sharper spikes were seen in Greece’s 2 largest urban centers, reaching 16.5% in Attica (the region which includes Athens) and 16.1% in Thessaloniki. Prices in other large cities increased by 13.1%.

 Recent headlines from Kathimerini, CNN Greece, Imerisia, and Oikonomikos Tahydromos feature research by Elxis - At Home In Greece. The hot topic? 2023’s home market trends. 2023 is a unique year for buying in the second home market. There were several changes in the global economy, namely the increase in interest rates. This increase impacted buying behavior– a trend that Elxis witnessed firsthand from its clients.