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Real estate sale price average up 8.7% in 2024
- 1 April, 25
The average price of property sales in 2024 increased by 8.7%, well above Greece’s inflation rate, though the pace of growth slowed throughout the year. According to the latest data from the Bank of Greece, the rise dropped from 10.8% in the first quarter to 6.6% by the fourth quarter.
In the greater Athens area, property sale prices grew by 8.2% in 2024, a more moderate increase compared to the 13.9% rise recorded in 2023.
In Thessaloniki, the average price of property sales rose by 11.2%, a smaller jump than the 16.6% increase seen in 2023.
Across other major cities in Greece, property sale prices increased by 7.1% collectively in 2024, less than half the 15% rise recorded in 2023.
In other regions, the average property sale price rose by 10.6%, mainly driven by higher-priced sales in tourist destinations, though this was a slight decrease from the 11.6% increase in 2023.
Cre: ekathimerini
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